Yearly Archives: 2012

Bearish Wheat, Neutral Corn and Beans on USDA

Bearish wheat.  Corn hangs in early.  Beans should be supported.Wheat looks vulnerable making new 5-month lows.There’s another 50 cent downside risk in wheat.
In the

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Dow Jones Approaches Key Resistance at 13,200

Today’s high 13,194.   I have been talking about 13,200 as a sell level for the last 200 pts. I have been a scale in seller here. 

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Tepid Stock Market Response to 7.7% Un-employment

A tight 100 pt trading range on an unemployment Friday?  I’d call that a tepid response to what should have been bullish.Perhaps traders are more

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Hogs Look Exhausted after a $15.00 / 3 month rally

December hogs rallied 15 dollars in 3 months.  The top step  contract,  Feb Hogs,  rallied from 77 to 88.  I’d have a resting order to

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Dow Huddles around 13,000

As the drama continues around the fiscal cliff in Washington,  the Dow huddles around the 13,000 level.  Bulls look to the tea leaves and assume

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Monday 12/3/12 Grain Marketing Letter


December 3, 2012
Written by Chris Robinson
Corn: March corn settled up 2 ¼ cents at 7.54 ¾. CH posted its high at 7:30

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December is living up to its Reputation

Wheat, corn and beans leaking from earlier highs.  The action is not very encouraging for the bulls.Either there is a lack of interest or just

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Range Bound March Wheat has 9.00 in the gunsights

Yes, Egypt tendered wheat from the US over the weekend. In general, US wheat was 20 to 40 bucks a ton cheaper than that available

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A nickle is the best the bulls can do?

So far, wheat, corn and beans are only up a nickle.  Not a very powerful rally in the wake of announcement that Egypt bought US

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Egypt Buys US wheat

Apparently 4-month low in US wheat and Friday’s ugly close brought out the value shoppers in Egypt.Seems like Egyptian politicians are just like any other

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