Soybean Complex, Corn and Wheat Market Commentary for 8-25-10
Corn Market Recap for 8-25-10
September Corn ended 1/2 lower at 404 3/4, 4 off the high and 4 1/2 up from the low. December Corn ended 1/2 lower at 420. This was 4 1/2 up from the low and 4 off the high.
December corn closed the day with a fractional gain after trading on both sides of yesterday’s close during both the overnight and day sessions. Traders said that corn found support from buying by spreaders versus wheat which posted a sharp loss on the day. They noted that late support also came from a recovery rally in crude oil. Weather is expected to be dry and cool through the end of the week, with Thursday’s temperatures expected to be below normal in most of the Midwest and well below normal from the north central Midwest into Arkansas. Outside markets were a mixed factor this morning with traders also citing a sharp drop in wheat and a slight cooling in export demand as negative or limiting factors. The Energy Information Administration’s weekly report showed ethanol production for the week ending August 20th averaging 835,000 barrels per day. This is down 25,000 barrels per day (-2.9%) from last week and up 108,000 barrels per day (14.8%) versus last year. Corn used in last week’s production is estimated at 87.675 million bushels. This crop year’s cumulative corn used for ethanol production for the 2009/10 crop year is 4.34 billion bushels versus the 4.5 billion bushels projected by the USDA. The 2009/10 crop year ends on August 31st. Corn use needs to average 135.988 million bushels per week to meet this crop year’s USDA estimate.
November Rice settled up 0.01 at 11.535, 0.035 up from the low and equal to the high.
8-25-10 – Wheat Market Recap Report
December wheat broke sharply today, finishing near the lows of the day. This pushed the December contract to its lowest level since August 18th. Wheat lost ground sharply to corn which posted fractional losses. Traders said that a number of factors contributed to the sell off including disappointment that US wheat was again not included in the latest wheat purchase by Egypt. A higher dollar and rains in Russia were also considered negative price influences. Egypt bought 240,000 tonnes of wheat today with origins reported to be Canada and France. This is for delivery in early October. The UN Foreign Agriculture Organization estimates that floods in Pakistan have affected 3.2 million acres of cropland, or about 14% of the total area. The greatest loss may have been in rice which the FAO cut by 3 million tonnes. Officials in Kazakhstan said today that they plan to buy between 2.0 and 2.5 million tonnes of wheat from domestic farmers as a hedge against domestic food inflation.
September Wheat finished down 27 at 647 3/4, 1 1/4 up from the low and 35 off the high. December Wheat settled 27 1/4 lower at 680 1/2. This was 1 1/4 up from the low and 35 3/4 off the high.
December Oats ended unchanged at 274 1/2. This was 1 1/2 off the high and 4 1/2 up from the low.
Soybean Complex Market Review for 8-25-10
November soybeans traded on both sides of yesterday’s close today before settling unchanged on the day with meal posting a substantial gain over soy oil in the December contracts. November soybeans took out its previous day’s low for the 8th straight today. Weather is expected to be dry and cool through the end of the week, with Thursday’s temperatures expected to be below normal in most of the Midwest and well below normal from the north central Midwest into Arkansas. Outside markets were a mixed factor this morning with traders also citing a sharp drop in wheat and a slight cooling in export demand as negative or limiting factors. Export capacity at the Gulf is said to be fully booked through as late as mid November with early harvest getting underway. Ohio and Indiana have dry spots that could use some moisture on later-developing fields and the northern Delta (Arkansas) is extremely dry with little rain in the forecast there as well.
November Soybeans finished unchanged at 999, 6 3/4 off the high and 5 1/2 up from the low.
December Soybean Oil ended down 0.34 at 39.72, 0.04 up from the low and 0.48 off the high.
December Soymeal closed up 2.3 at 292.0. This was 3.6 up from the low and 1.5 off the high.
After reading today’s recap,traders might want to take a peek at the commercial traders momentum. The Commercial Trader momentum can be tracked by using the Commodity Futures Trading Commission Commitment of Traders reports. Our idea is that, in a value driven commodity futures market no one knows fair value like the people who produce it or, have to use it. In fact, it is precisely their sense of value that provides the commodity market’s rhythmic meanderings that swing traders love so much. Let’s face it, producers know when their product is overvalue and it should be sold just as well as end line users know when they should be stocking up at low prices. Therefore, trader should be able to incorporate this valuable information into their future market education.
The daily commentaries provide a rundown of each commodity’s traded price activity, an analysis of the factors that influenced price activity, a recap of any reports released that day, and a look ahead at the next day’s schedule. CME Group provides market commentaries for corn, wheat, soybeans, gold and silver. The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
Andy Waldock circulates this blog. Andy Waldock is a financial advisor, analyst, broker, asset manager and traderfor Commodity & Derivative Advisors, located in Sandusky, Ohio. For that reason, Andy Waldock may have positions for himself, his relatives, or his customers in any commodity future market discussed. The blog is meant for educational purposes and to develop a discussion among those with an interest in the commodity future markets. The commodity markets may not be appropriate for all investors due to the high degree of leverage. There is considerable risk in investing in commodity futures. If you are interested in reading other published articles, commenting on his publications or subscribing to Andy’s blog, please visit http://blog.commodityandderivativeadv.com, or if you have any questions, please call 1-866-990-0777.
Fx Managed Trading Investments Explained
Fx managed investments are definitely good investments once you learn how to do it. There is surely a good return on this kind of investments. Managed forex investments are the same investments in the forex market. However, unlike other investments, managed forex trading investments are traded by a professional forex manager for you. The professional forex manager can always assist you in buying and selling currencies. He can do all the transactions for you provided that you approve of them. And of course, you can always ask him how you can profit with the transactions he make.
You can make these investments via a managed forex account. With this account, it’s possible monitor your investments. You can see how your money is used by the professional broker. Below are some tips that can help you with opening these managed fx accounts, so you can now start investing and trading with a help from a professional.
1.Define your goals and risk tolerance pertaining to forex. Forex investments are always associated with risk. If you wish to make this kind of investments with a professional broker, you need to understand this risk – the higher return on investment that you want the higher risk you are going to encounter. Manage to set a max risk upfront. Until then, you are now ready to find the trader you need.
2.Search for a number of traders. To find the best professional broker, you need to find traders who excel with the investments they make. Try to make a search plan. You could join a web forum discussion to find these traders. There are always those individuals and companies who disclose the best traders in the foreign exchange market.
3.Read the contracts made by the brokers or traders. It is always good to read these contracts before taking part in a transaction. You can be able to analyze the details regarding the managed account and the investment. You can have the knowledge of your rights in case something went wrong with investments made by your broker. Additionally, using this method, you can even protect yourself from possible losses.
A managed forex investment is an investment in the forex trading market that is traded by professional investment managers. Investors can open an account in his or her name with a specific broker and have full control over the account at all times. He or she will be the only person who can deposit or withdraw money from the account giving you added security.
The investor will sign a limited power of attorney giving the investment managers permission to trade the funds you have allotted to the forex managed account. This is unlike a hedge fund where the money is given directly to the fund manager who has access to the money. You are in total control with a forex managed account. Investors often want an alternative to traditional assets such as equities and fixed income.
An investment in a managed forex account gives investors a chance to have a truly diversified portfolio and broad global exposure to various economies. Forex managed investment accounts have a very low correlation to all of the major worldwide indexes. This includes stock, bond, and commodity markets, which give investors greater diversification and minimize their overall portfolio risk.
A managed forex investment provides the investor with full confidence and satisfaction in the forex market because it is being properly managed by knowledgeable, sufficient, and reputable professionals in their fields.
It provides a comfortable approach to the forex market without hands on involvement from the investor who is unfamiliar with the market. Forex Trading has become a growing trend that has taken the alternative investment markets by storm. At one point 20 years ago, managed forex trading was a small investment niche which very few were successful in.
Possibility Expiration Can Go Both Way: Expect Whipsaw
I really like expiration days because most now over look the August month-to-month CBOE expiration…which is today. It usually has an inter day whipsaw someplace in it where it seems to be like hell and then rallies, or the inverse, which is unload that abruptly rallies like its gonna get even on the day – and then tanks. It’s called whipsaw for a reason ( see photo). I might mark your calender in the event you trade inter day for all month-to-month expirations…I’ve some stories about traders and buyers getting clipped because they had been unaware.
Below are some comments from market watchers….
“We’re not seeing any significant development prospects,” mentioned Peter Costa, president of Empire Executions. “Why be out there if there is no (near-term) prospects for development?”
Oil prices prolonged their slide on worries that future demand will wane if economic growth stays tepid. Power stocks were among the worst performers on the day, including oil corporations Chevron Corp. and ConocoPhillips.
Overseas markets additionally fell, reacting to reviews Thursday that preliminary claims for unemployment benefits in the U.S. rose final week and manufacturing within the Mid-Atlantic area shrank.
“We’re probably on a continuation from yesterday’s disturbing claims quantity,” mentioned Paul Zemsky, head of asset allocation at ING Funding Management. “There’s really nothing to hang your hat on.”
Earlier this year, merchants were nervous Europe’s economic system would slow down a lot that it would put a drag on a global recovery. Now, financial stories are making traders fear that the U.S. financial system will gradual worldwide growth.
In afternoon trading, the Dow fell 89.eighty, or 0.9 p.c, to 10,181.41. The Customary & Poor’s 500 index fell 7.89, or 0.7 %, to 1,067.seventy four, whereas the Nasdaq composite index fell 9.fifty two, or 0.4 percent, to 2,169.43.
About three shares fell for each one which rose on the New York Inventory Trade, the place quantity came to 633.5 million shares.
Volume has been exceptionally low in recent weeks, which has added volatility to the market. But many inventory options are expiring Friday, which could possibly be offering a elevate to volume.
Knowledge has shown in recent months that non-public employers are largely skittish about hiring new employees because they are unsure how strong enterprise will probably be within the coming quarters. That, in turn, has folks worried about their jobs and spending less. But till spending picks up, unemployment could remain high.
Mark Luschini, chief market strategist at Janney Montgomery Scott, stated corporations are also reluctant to hire due to worries about taxes and government applications like the well being care reform handed earlier this year.
“The uncertainty that exists on regulatory and revenue taxes has (employers) in stall mode,” Luschini said. Firms are fearful about whether or not larger taxes and prices related to regulation reform will impression profit margins and cause consumers to reduce spending if they are paying extra taxes, Luschini said.
The unemployment charge remains at 9.5 p.c and analysts widely agree it must fall to result in a stronger rebound.
In company information, Dell Inc. reported a greater-than-expected revenue Thursday, due largely to elevated know-how spending by businesses. However, gross sales in its client private computer division had been flat compared with the identical quarter CPA Instruments final yr — additional evidence that shoppers are hesitant to buy new goods.
Hewlett-Packard Co. reported quarterly results that were Web Design For Internet Marketers in keeping with preliminary outcomes it released earlier in the month. Its revenue rose 6 percent. In contrast to Dell, it had development Easy Member Pro in its personal computer sales.
HP fell $1.07, or 2.6 %, to $39.69. Dell shares fell 5 cents to $11.99.
What are the Easiest Ways to Get Quality Traffic
There are lots of ways to generate traffic to your website and that makes the topic a very touchy one for a lot of people. Given below are a few easy tips that you can use to create traffic to your site. For example, if you want to link to your site that is about What is Never Fail List Building, then you need to find blogs in that area and then comment something that’s actually helpful.
Have you ever wondered just why so many people are willing to put so much time into commenting on blogs within their niches? In this world it is all about giving and taking. A lot of the time, the people who leave long and elaborate comments on a popular blog do so because they hope that the other commenters (and the site owner) will take notice and visit the commenter’s site. Do you understand? Blog commenting is a very popular way to get targeted traffic to flow to your website but most IMers don’t realize how much power this method has. The real key to being a successful traffic generator with blog commenting is to focus your effort onto the blogs that are the most popular and the most highly trafficked in your niche. An example is someone who runs a “hair loss” blog but comments mostly on music or film blogs. You’ll have to find blogs that are related to your niche and then put in the effort to comment something useful. If you only leave your link in your comment you’re basically spamming the site owner.
Another reason to comment is that blogs give you an opportunity to take part in a conversation and be noticed by other bloggers. If you are able, starting your own blog is a great idea because you can fill it with content and send its traffic anywhere you like. If you really want to take advantage of using traffic from blogs you should give this some serious consideration. You don’t have the option to just leave a few comments and then stop doing that if you don’t get the traffic you want. Patience is needed with this method of generating traffic because, if you wait long enough, it can really help you out. Don’t make the mistake of using a software tool to post on thousands of blogs because first of all this wouldn’t generate much traffic. Another reason to avoid this is that doing so will get you labelled as a spammer and most of your comments will simply be deleted so, in the end, it isn’t worth it. Try to focus your attention on generating repeated traffic and not on just getting new buyers. To do this, you need to make your site “sticky” so people will want to visit it many times. For instance: if you built a website about Forex Trading you can update it regularly with trading techniques, market tips and current events to keep your traffic coming back. There are lots of options available to you because as soon as you understand just how to get repeated traffic you’ll know how valuable it can be for your business. This is something that you won’t have to pay for because you can generate it for free. Portals like Yahoo and MSN grow to the sizes they do because of the sheer number of people who visit them every day. If you work on your website so that it will be worthy of the repeat traffic and you help your current visitors out they should come back again and again. And a lot of this has to do with the kind of content you have on your site, so make sure it’s interesting and enticing enough. For instance, if your website has content about Never Fail List Building Review, then make sure its high quality.
Are you convinced the classified sites won’t work for you? Think again! GumTree and Craigslist generate a lot of traffic for IMers of every stripe and are rewriting the rules of classified advertising. If you want to succeed on these websites do not spam them but create ads that are honest and genuine.
In conclusion, finding traffic has become a lot harder because the competition is stiff but, at the same time, there are more methods to get the visitors you want too. For example, if the niche you’re targeting is internet marketing blog, then you can submit your RSS feeds to directories in that category.
3 Internet Marketing Tips You Need to Know
Internet marketing is a great method for anyone to start a business online–it really is that possible. Here are just a few very effective tips that you can use to market your online business. Online Income Flood
Affiliate marketing, which is where you sell someone else product for a commission, is a key part of Internet marketing. This is a very lucrative income opportunity, even if you have your own product to sell. Now you are asking yourself, well how can I become an affiliate marketer. Many different factors will come into play when you start out as an affiliate marketer, but choosing the right product is one of the biggest. What kind of product you choose to market is extremely important because ultimately, it has to be of something quality and something that people want. So it’s important to spend a great deal of time finding the right product in order to see high profits. There are multiple factors to consider when making a decision, such as, the price, the quality and demand for the product and your commission. Is this the best product for your business, if not keep looking! Promoting an affiliate product that you have not tried out yourself is never a good idea. You are putting your business on the line, and if the product doesn’t live up to expectations, it is your business that will suffer. Therefore, first decide on what market you’re going to do your promotion. The next step is to search for products that are both in high demand and have low competition. Determine that everything is in place for the particular product, such as the sales letter and the quality of the product, then you can start marketing! Your reputation as a reputable business is at stake, and these steps will help to keep that reputation in good standing. Your email list trusts you to send them quality products, however, if you send them a poor product you have lost their trust. What is the easiest way to satisfy your customers when you want to stay at the head of the pack? Deliver more than they hope for and make sure it is all valuable. It really is just that easy. By giving them more than they expected, your customers feel valued and will like you better. You need to show them that you can give them high quality at low price. You do not have to do this with all of your products. Your customers will stay happy if you simply do what they ask, so exceeding expectations does not have to be done all the time, just in the beginning.
Online Income Flood review Every successful venture is backed by a steady and secure plan. Writing out a complex business plan isn’t necessary but it is necessary to write down at least some of your ideas. Creating a good plan will help you simplify your business building ventures and avoid making colossal mistakes. What happens to marketers who try to make a go of things without a plan? You won’t know what to do. All in all, it’s absolutely important to remember that Internet marketing is a journey and not a destination, so tread it as one.
The Internet marketing world has been taken by storm, make sure you check out the Online Income Flood site.