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Grain Market Opportunities![]() If you like this article and would like to receive more information on the commodity markets, please use the link to join our email list CornCorn is cheap, and could see a bounce on Monday with favorable news from the USDA. Any surprises could be very bullish, with the number of shorts in the market. The Grain Stocks Report and the Acreage Report will be released on June 30th. WheatFunds were record short wheat at over 235k contracts. In the last 4 weeks, they reduced their net short by 52k contracts to 183k. Planted acres are estimated at 45.43 million acres, which is the second-smallest area since 1919. Soybean OilSoybean oil demand is very strong, crush margins are up ~40 cents from the recent low to $1.56 per bushel. The trend is up on the daily, weekly, and monthly charts, and funds added to their long position again.
If you like this article and would like to receive more information on the commodity markets, please use the link to join our email list If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Hans Schmit, Walsh Trading Direct 312-765-7311 Toll Free 800-993-5449 hschmit@walshtrading.com www.walshtrading.com Walsh Trading, Inc. is registered as a Guaranteed Introducing Broker with the Commodity Futures Trading Commission and an NFA Member. Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. The information contained on this site is the opinion of the writer or was obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in market prices. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. All information, communications, publications, and reports, including this specific material, used and distributed by Walsh Trading, Inc. (“WTI”) shall be construed as a solicitation for entering into a derivatives transaction. WTI does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71. This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
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