Tuesday, July 22, 2014  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
July 22, 2014
By: Brian Hoops, President
www.midwestmarketsolutions.com
follow us on twitter at MidwestMarkets
417-501-8153
Midwest Market Solutions is the leading edge in commodity marketing and trading
and is widely recognized as one of the top marketing advisory and brokerage firms in America.

HEADLINES
•    Annual Wheat Quality Council tour of spring wheat begins today.
•    August grain options expire Friday, July 25.
•    The July cattle on feed report will be released on Friday, July 25.

Corn:
•    December corn has resistance at $3.78 with support at $3.68

Soybeans:
•    The USDA announced the sale of 120,000 mts of US soybeans to China for 2013/14 and 135,000 mts of meal to an unknown destination for 2014/15.
•    November soybeans have chart resistance at $11.01 and support at $10.64 ½    

Wheat:
•    September Chicago wheat has chart resistance at $5.48 and support at $5.24

Live and Feeder Cattle:
•    October live cattle have chart resistance at $155.80 and support at $152.85
•    October feeder cattle have chart resistance at $214.90 and support at $211.75

Lean Hogs:
•    October lean hog have chart resistance at $115.35 and support at $112.25

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Highlights of this week's Market Insider Weekly Newsletter include:
* Look ahead at the monthly cattle on feed report.
* The July NOPA crush report.
* Story on a judge ruling a broker made fictitious wheat trades.
* Earnings of CHS Inc.
* Story on CME reviewing and possibly changing livestock trading hours.
* Plus much more.

For more information visit our website at www.midwestmarketsolutions.com.
Clients receive web access as a free service, access is available for a
small monthly fee to non-clients.

Services available at Midwest Market Solutions:

* Full Service Brokerage
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* Market Insider Daily Newsletter
* Market Insider Weekly Newsletter
* Audio Market Commentaries
* Professional Trading Systems

This material has been prepared by a sales or trading employee or agent of Midwest Market Solutions and
is, or is in the nature of, a solicitation. This material is not a research report prepared by Midwest Market
Solutions’s Research Department. By accepting this communication, you agree that you are an experienced
user of the futures markets, capable of making independent trading decisions, and agree that you are not,
and will not, rely solely on this communication in making trading decisions.

DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.
PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM
THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE
EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND
SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE
MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A
SOLICITATION.

The risk of loss in trading futures and/or options is substantial and each investor and/or trader must
consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated
historical tests of strategies, is not indicative of future results. Trading advice is based on information taken
from trades and statistical services and other sources that Midwest Market Solutions believes are reliable.
We do not guarantee that such information is accurate or complete and it should not be relied upon as such.
Trading advice reflects our good faith judgment at a specific time and is subject to change without notice.
There is no guarantee that the advice we give will result in profitable trades.

Copyright 2014 Midwest Market Solutions, Inc.

 


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Today's Market Commentary

National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 73oF Feels Like: 77oF
Humid: 84% Dew Pt: 68oF
Barom: 30.08 Wind Dir: S
Cond: N/A Wind Spd: 8 mph
Sunrise: 6:10 Sunset: 8:29
As reported at SPRINGFIELD, MO at 8:00 AM
View complete Local Weather

Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Sep 14 1'2 365'2 363'4 366'0 363'0 364'0 08:12A Chart for @C4U Options for @C4U
Dec 14 1'4 373'4 371'4 374'0 371'0 372'0 08:08A Chart for @C4Z Options for @C4Z
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Aug 14 14'0 1189'6 1175'0 1191'4 1172'6 1175'6 08:12A Chart for @S4Q Options for @S4Q
Sep 14 7'0 1098'4 1089'0 1098'6 1087'6 1091'4 08:09A Chart for @S4U Options for @S4U
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Aug 14 48 3855 3807 3870 3794 3807 07:45A Chart for @SM4Q Options for @SM4Q
Sep 14 16 3617 3599 3627 3588 3601 08:10A Chart for @SM4U Options for @SM4U
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Sep 14 4'4 534'4 529'4 535'2 529'2 530'0 07:45A Chart for @W4U Options for @W4U
Dec 14 4'6 559'0 554'2 559'6 553'4 554'2 07:55A Chart for @W4Z Options for @W4Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Sep 14 6'6 634'6 628'0 635'0 627'4 628'0 08:01A Chart for @KW4U Options for @KW4U
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Sep 14 4'6 628'0 623'0 628'0 622'2 623'2 07:45A Chart for @MW4U Options for @MW4U
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 14 0.750 153.700 153.200 153.825 153.175 152.950 08:12A Chart for @LE4Q Options for @LE4Q
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Aug 14 - 0.075 125.025 125.050 125.200 124.825 125.100 08:12A Chart for @HE4Q Options for @HE4Q
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Sep 14 8.50 1974.75 1965.75 1976.00 1965.25 1966.25 08:14A Chart for @ES4U Options for @ES4U
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 14 1.475 214.500 213.150 214.575 213.125 213.025 08:12A Chart for @GF4Q Options for @GF4Q
Sep 14 1.425 215.200 213.775 215.200 213.775 213.775 08:12A Chart for @GF4U Options for @GF4U
Oct 14 1.325 215.225 213.975 215.225 213.850 213.900 08:12A Chart for @GF4V Options for @GF4V
My Custom Markets
Symbol Change Last Open High Low Close Time More

  This material has been prepared by a sales or trading employee or agent of Midwest Market Solutions and is, or is in the nature of, a solicitation. This material is not a research report prepared by Midwest Market Solution’s Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.
 
DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW. PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.
 
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Midwest Market Solutions believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.
 
Copyright 2014 Midwest Market Solutions, Inc.
 
 

 
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