MIDWEST MARKET SOLUTIONS EARLY MARKET COMMENTARY April 17, 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 • Markets will be closed on April 19 for Good Friday. • Cattle on feed report will be released April 25.
Corn: • Weekly ethanol production was reported at 939,000 barrels per day, up 43,000 barrels. • July corn has resistance at $5.13 with support at $5.00
Soybeans: • July soybeans have chart resistance at $15.12 and support at $14.87
Wheat: • Japan is tendering for 136,000 mts of wheat at its weekly tender. • July Chicago wheat has chart resistance at $7.17 and support at $6.84
Live and Feeder Cattle: • June live cattle have chart resistance at $135.87 and support at $135.05
Lean Hogs: • June lean hog have chart resistance at $124.75 and support at $119.92
Highlights of this week's Market Insider Weekly Newsletter include: * Analysis of the monthly supply/demand report. * Look at cash cattle trade. * Outlook for hog supplies. * COT report analysis. * Peregrine Financial bankruptcy trustee ends dispute with JP Morgan. * Earnings of Cargill and CHS. * Profits of Louis Dreyfus Commodities. * 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 * Discount Service Brokerage * Free Trading Platforms and Market Quotes * Market Solutions Hedge Program * 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.
Member Login
Market Insider Newsletter
SUBSCRIBE ONLINE! You can now buy a subscription online using Pay Pal! We offer three choices when it comes to subscribing to our service, monthly or yearly or just the weekly Market Insider Newsletter.
Monthly Website Subscription $20 Monthly
VIP Website Subscription $200 Annually
Market Insider Newsletter $10 Monthly
Market Solutions Hedge Program $500/newsletter only or $1/acre for full service
Services available...
Midwest Market Solutions: • Full & Discount Service Brokerage • Market Solutions Hedge Program • Market Insider Daily Newsletter • Market Insider Weekly Newsletter • Audio commentaries
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.
