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Thursday, September 28, 2023  
 
 

Commentary



Noon Market News

 
Market Insider Closing Commentary
 

MIDWEST MARKET SOLUTIONS
September 28, 2023
by: Brian Hoops, President
www.midwestmarketsolutions.com
follow us on twitter @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:

-Palm oil prices seen trending higher in 2024 amid El Nino
-China believed to have made large Ukraine corn purchases
-Egypt buys European wheat despite Russia price decrease allowance
-Export Sales solid wheat, as expected corn/soybeans
-Hogs and Pigs report today - Grain Stocks report tomorrow

 

COVERED IN TODAY'S DAILY NEWSLETTER:

- Grain and Livestock Technicals
- Grain Fundamentals
- Daily Export Announcements
- Fund Activity
- Overnight Trade
- Cattle Fundamentals
- FCE Online Auction
- Cash Cattle Trade 
- Lean Hog Fundamentals
- Weather


HIGHLIGHTS OF THIS WEEK'S MARKET INSIDER NEWSLETTER:

- Grain & Livestock Fundamentals
- Weekly Crop Progress and Conditions Report

- Weekly Export Inspections and EIA Reports
- COT Report
- Cash Cattle Trade and Outlook
- Latest News

Click here to to read more info.
 
 

Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Dec 23 0'0 488'4 487'4 488'6 486'4 488'4 09:42P Chart for @C3Z Options for @C3Z
Mar 24 0'0 503'2 503'0 503'6 501'4 503'2 09:42P Chart for @C4H Options for @C4H
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Nov 23 2'6 1303'2 1300'4 1303'4 1300'2 1300'4 09:42P Chart for @S3X Options for @S3X
Jan 24 2'4 1321'6 1319'0 1322'4 1319'0 1319'2 09:42P Chart for @S4F Options for @S4F
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Oct 23 - 44 3880 3924 3924 3880 3924 09:42P Chart for @SM3V Options for @SM3V
Dec 23 - 6 3909 3918 3919 3906 3915 09:42P Chart for @SM3Z Options for @SM3Z
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Dec 23 2'4 581'2 579'4 581'6 578'2 578'6 09:40P Chart for @W3Z Options for @W3Z
Mar 24 2'6 609'2 607'0 609'2 606'2 606'4 09:40P Chart for @W4H Options for @W4H
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Dec 23 0'6 685'6 685'0 687'2 684'2 685'0 09:41P Chart for @KW3Z Options for @KW3Z
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Dec 23 1'6 748'6 747'0 749'0 745'4 747'0 09:39P Chart for @MW3Z Options for @MW3Z
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Oct 23 1.600 186.550 185.175 187.575 184.725 186.500s 02:31P Chart for @LE3V Options for @LE3V
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Oct 23 1.825 84.075 82.000 84.125 82.000 83.950s 01:05P Chart for @HE3V Options for @HE3V
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Dec 23 0.25 4337.75 4342.00 4346.75 4327.50 4337.50 09:42P Chart for @ES3Z Options for @ES3Z
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Sep 23 0.800 252.325 251.525 252.400 251.375 252.325s 01:05P Chart for @GF3U Options for @GF3U
Oct 23 2.475 254.725 252.425 255.050 251.700 254.725s 01:05P Chart for @GF3V Options for @GF3V
Nov 23 2.875 257.400 254.800 258.425 254.050 257.675s 01:05P Chart for @GF3X Options for @GF3X
My Custom Markets
Symbol Change Last Open High Low Close Time More


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National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 72oF Feels Like: 73oF
Humid: 84% Dew Pt: 67oF
Barom: 29.07 Wind Dir: N
Cond: N/A Wind Spd: 0 mph
Sunrise: 7:06 Sunset: 6:59
As reported at Highland Springs, MO at 9:00 PM
View complete Local Weather

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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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indirectly should inform themselves about and observe any such prohibition or restrictions. To the extent
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without registration, the market commentary in this communication should not be considered a solicitation. 
 
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