Tuesday, May 26, 2015  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
May 22, 2015
By: Brian Hoops, President
www.midwestmarketsolutions.com
follow us on twitter at MidwestMarkets
417-501-5132
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
•    Cold Storage and Cattle on Feed reports will be released at 11:00 ct today.
•    Wheat futures margins will be increased as of the close of business today. 
•    Markets will be closed Monday, May 25 for Memorial Day. 

Corn: 
•    Exporters announced sale of 203,000 mts of corn to an unknown destination. 
•    July corn has resistance at $3.69 1/2 with support at $3.59 3/4  

Soybeans: 
•    July soybeans have chart resistance at $9.47 1/2 and support at $9.31 1/2   

Wheat: 
•    Japan purchased 116,905 mts of wheat. 
•    Taiwan bought 103,000 mts of US wheat. 
•    July Chicago wheat has chart resistance at $5.28 1/4 and support at $5.05 1/4        

Live and Feeder Cattle: 
•    August live cattle have chart resistance at $152.75 and support at $149.25
•    August feeder cattle have chart resistance at $219.07 and support at $215.32

Lean Hogs: 
•    June lean hog have chart resistance at $84.90 and support at $81.90

Highlights of this week's Market Insider Weekly Newsletter include:
* Bullish COT outlook for the grain markets. 
* May supply/demand report. 
* NOPA crush report. 
* Informa acreage estimates. 
* NFA permanently bars a trader. 
* Syngenta confirms takeover bid from Monsanto.
* Profits of ADM
* Richardson International seeking to expand into the US. 
* Plus much more. 

 


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Jul 15 1'0 361'0 361'0 362'4 360'2 360'0 02:07A Chart for @C5N Options for @C5N
Sep 15 1'0 367'6 367'2 369'0 367'0 366'6 02:07A Chart for @C5U Options for @C5U
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Jul 15 3'0 927'2 923'6 930'4 923'2 924'2 02:07A Chart for @S5N Options for @S5N
Aug 15 2'4 918'6 915'6 921'6 915'4 916'2 02:07A Chart for @S5Q Options for @S5Q
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Jul 15 - 10 3032 3042 3047 3030 3042 02:06A Chart for @SM5N Options for @SM5N
Aug 15 - 9 2990 2998 3003 2990 2999 02:07A Chart for @SM5Q Options for @SM5Q
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Jul 15 0'4 515'6 515'2 519'6 515'2 515'2 02:07A Chart for @W5N Options for @W5N
Sep 15 2'0 525'0 523'6 527'0 523'6 523'0 02:07A Chart for @W5U Options for @W5U
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Jul 15 4'4 551'0 548'4 552'6 547'4 546'4 02:06A Chart for @KW5N Options for @KW5N
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Jul 15 2'6 571'4 568'6 573'4 568'6 568'6 02:06A Chart for @MW5N Options for @MW5N
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Jun 15 - 0.250 152.225 151.900 152.675 151.475 152.125s 05/24 Chart for @LE5M Options for @LE5M
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Jun 15 -0.050 83.850 83.950 84.125 83.500 83.725s 05/24 Chart for @HE5M Options for @HE5M
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Jun 15 - 0.50 2124.00 2124.50 2127.00 2118.50 2124.50 02:07A Chart for @ES5M Options for @ES5M
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 15 1.275 218.900 217.850 219.200 217.025 219.000s 05/24 Chart for @GF5Q Options for @GF5Q
Sep 15 1.175 217.850 217.025 218.175 216.125 218.000s 05/24 Chart for @GF5U Options for @GF5U
Oct 15 1.100 216.825 215.775 217.150 215.325 217.000s 05/24 Chart for @GF5V Options for @GF5V
My Custom Markets
Symbol Change Last Open High Low Close Time More


Today's Market Commentary

 

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National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 65oF Feels Like: 65oF
Humid: 81% Dew Pt: 59oF
Barom: 29.76 Wind Dir: SW
Cond: N/A Wind Spd: 17 mph
Sunrise: 5:57 Sunset: 8:23
As reported at SPRINGFIELD, MO at 2:00 AM
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  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.
 
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