Sunday, September 21, 2014  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
September 19, 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
•    The September cattle on feed report will be released this afternoon at 2:00 pm ct. 
•    Informa is expected to release their updated small grains estimates today. 
•    Margins for soybeans, wheat, corn, meal and oil were lowered. 

Corn:
•    December corn has resistance at $3.43 3/4 with support at $3.36 

Soybeans: 
•    On Thursday morning, exporters announced a sale of 110,000 mts of soybeans to China. 
•    November soybeans have chart resistance at $9.87 1/2 and support at $9.69 1/2     

Wheat: 
•    Japan bought 109,000 mts of US and Canadian wheat. 
•    December Chicago wheat has chart resistance at $4.99 and support at $4.82

Live and Feeder Cattle: 
•    October live cattle have chart resistance at $157.80 and support at $154.80
•    October feeder cattle have chart resistance at $228.37 and support at $224.65

Lean Hogs: 
•    October lean hog have chart resistance at $106.07 and support at $103.15

Highlights of this week's Market Insider Weekly Newsletter include:
* A look at the September supply/demand report. 
* Cost cutting measures at the CME Group.
* A look at farmland values. 
* USDA forecast for pork production. 
* COT report. 
* Plus much more.


 


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Dec 14 -1'2 330'2 331'0 331'4 330'0 331'4 11:00P Chart for @C4Z Options for @C4Z
Mar 15 -1'6 342'4 343'4 344'2 342'4 344'2 11:00P Chart for @C5H Options for @C5H
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Nov 14 -11'2 945'6 953'0 954'6 943'6 957'0 11:01P Chart for @S4X Options for @S4X
Jan 15 -12'0 953'2 961'4 963'0 951'4 965'2 11:01P Chart for @S5F Options for @S5F
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Oct 14 - 30 3211 3236 3237 3210 3241 11:01P Chart for @SM4V Options for @SM4V
Dec 14 - 30 3124 3147 3150 3119 3154 11:01P Chart for @SM4Z Options for @SM4Z
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Dec 14 2'0 476'4 476'2 479'4 476'0 474'4 11:02P Chart for @W4Z Options for @W4Z
Mar 15 0'4 491'4 491'4 494'6 491'0 491'0 11:02P Chart for @W5H Options for @W5H
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Dec 14 1'0 561'2 560'2 563'6 560'0 560'2 11:02P Chart for @KW4Z Options for @KW4Z
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Dec 14 0'4 536'0 535'0 538'6 535'0 535'4 11:02P Chart for @MW4Z Options for @MW4Z
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Oct 14 0.025 155.675 155.900 156.325 155.050 155.625s 09:51P Chart for @LE4V Options for @LE4V
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Oct 14 3.000 105.975 104.600 105.975 104.125 105.975s 04:28P Chart for @HE4V Options for @HE4V
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Dec 14 - 11.00 1992.75 2002.00 2003.00 1991.75 2003.75 11:01P Chart for @ES4Z Options for @ES4Z
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Sep 14 0.700 230.050 230.150 231.175 229.900 230.600s 10:06P Chart for @GF4U Options for @GF4U
Oct 14 1.025 228.975 228.000 229.150 227.400 228.725s 10:06P Chart for @GF4V Options for @GF4V
Nov 14 1.400 226.550 225.250 226.675 224.700 226.325s 10:06P Chart for @GF4X Options for @GF4X
My Custom Markets
Symbol Change Last Open High Low Close Time More


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