Wednesday, July 29, 2015  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
July 29, 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
•    First notice day for August grain futures is Friday, July 31. 
•    August live cattle options expire Friday, August 7.
•    First notice day for August live cattle is Monday, August 10. 
•    August supply/demand report will be released Wednesday, August 12. 

Corn: 
•    South Korea bought 130,000 mts of optional origin corn. 
•    Exporters announced sale of 120,000 mts of sorghum to China. 
•    December corn has resistance at $3.85 with support at $3.77    

Soybeans: 
•    November soybeans have chart resistance at $9.60 1/4 and support at $9.29 1/2     

Wheat: 
•    September Chicago wheat has chart resistance at $5.09 3/4 and support at $4.92

Live and Feeder Cattle: 
•    October live cattle have chart resistance at $147.50 and support at $144.47
•    August feeder cattle have chart resistance at $213.20 and support at $210.50

Lean Hogs: 
•    October lean hog have chart resistance at $65.82 and support at $62.55

Highlights of this week's Market Insider Weekly Newsletter include:
* Crop condition report analysis. 
* Shocking COT report analysis. 
* Results of the CWB tour. 
* Cattle on Feed and Inventory report.
* Monthly cold storage report. 
* CTA's on a three month losing streak. 
* Story on a hedge fund buying shares of Syngenta stock. 
* CME fined trader for "spoofing". 
* Plus much more. 

 


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Sep 15 -5'6 369'2 377'4 377'6 368'0 375'0 12:40P Chart for @C5U Options for @C5U
Dec 15 -6'0 379'4 387'6 388'0 378'4 385'4 12:40P Chart for @C5Z Options for @C5Z
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Aug 15 9'0 983'6 976'6 988'6 971'6 974'6 12:40P Chart for @S5Q Options for @S5Q
Sep 15 4'4 958'4 956'6 966'0 949'4 954'0 12:40P Chart for @S5U Options for @S5U
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Aug 15 36 3488 3461 3523 3445 3452 12:40P Chart for @SM5Q Options for @SM5Q
Sep 15 13 3374 3362 3422 3355 3361 12:40P Chart for @SM5U Options for @SM5U
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Sep 15 -12'6 498'0 512'0 512'4 496'4 510'6 12:40P Chart for @W5U Options for @W5U
Dec 15 -13'2 507'0 521'0 521'4 506'0 520'2 12:40P Chart for @W5Z Options for @W5Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Sep 15 -8'4 496'2 505'0 505'6 492'4 504'6 12:40P Chart for @KW5U Options for @KW5U
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Sep 15 -10'0 530'2 540'0 540'0 529'2 540'2 12:40P Chart for @MW5U Options for @MW5U
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 15 - 0.075 144.975 145.125 145.725 144.600 145.050 12:40P Chart for @LE5Q Options for @LE5Q
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Aug 15 0.375 79.850 79.700 81.375 79.575 79.475 12:40P Chart for @HE5Q Options for @HE5Q
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Sep 15 9.75 2097.00 2088.00 2098.75 2084.50 2087.25 12:40P Chart for @ES5U Options for @ES5U
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 15 0.550 211.800 211.725 212.425 211.000 211.250 12:40P Chart for @GF5Q Options for @GF5Q
Sep 15 0.525 209.000 208.850 209.875 208.175 208.475 12:40P Chart for @GF5U Options for @GF5U
Oct 15 0.450 206.900 206.725 207.700 205.975 206.450 12:40P 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: 89oF Feels Like: 96oF
Humid: 55% Dew Pt: 71oF
Barom: 30.05 Wind Dir: N
Cond: N/A Wind Spd: 3 mph
Sunrise: 6:15 Sunset: 8:24
As reported at SPRINGFIELD, MO at 12:00 PM
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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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