Generally,many U.S. investigation agencies increase soybean production estimation, and soybean oil consumption peak season is to come. Soybean fundamentals decreasing pattern is difficult to change, it is expected to continue down this week. Estimations of the two big future companies are higher than the estimation report released in October by the U.S. Department of Agriculture. In […]
Corn futures are trading lower midmorning. Corn futures are tumbling going into midday trade on spillover weakness in the soy complex and firm gains in the dollar index. Weekly export sales were once again disappointing this week. Current export sales totaled 167,900 tonnes, higher than the previous week’s sales but still on the low […]
Holding 6 – short on S2X mark to market price in: 1532.00 today’s price: 1527.00 committed: $4625.00 gain/loss: $250.00 Ending balance as of 11-02-2012, Position Value: $4875.00 Cash Available: $35821.65 Equity: $40696.65 Realized Gains: $445.00 This week I continue a short soybean contract. The soybean future […]
I wanted to offset the short contract of soybean, but it increases in the continuing three days .The demand of continuing increase shows the strong increase trend of cash market instead of temporary information shock. I predict this continue trend may not disappear recently.I will not offset it until the trend becon advantageous. This week […]
In recent months, the Chicago Board of Trade (CBOT) soybean futures fell on the second day in a row to lock in profits and the hedgers thought soybean prices hit a highest price in three and a half weeks. Soybean contract of November decreased, far-month contract rose as traders settled arbitrage trading. The November futures […]
This week I went a short contract of soybean. The equability is $38983.90. I suffer a loss of $-1462.50.I am familiar with the trend of corn, and the violability of corn is not as much as soybean. So I always tried corn contract. This week I want to try soybean. Because they are substitution of […]
I will sell contract of soybean.I will do nothing about contract of corn because the different trends of the report prediction and the future price. It is difficult to undertake due to lack of speculation theme, and speculators continued reduction of the CBOT soybean long positions. It was triggered by the U.S. soybean harvest decreasing the price gradually become a downtrend in market. […]
On Oct. 11, the Chicago Board of Trade (CBOT) corn futures on Thursday increase sharply due to the influence of the USDA report in October. The U.S. Department of Agriculture forecast U.S. and global corn stocks in 2013 will be less than expected, imbalance of demand and supply are expected to result in lowest amount […]
These two weeks I sold corn future contract. And I offset it on Oct 17th. Generally, I gain $445, accounting 50% for the whole investment. I thought I had invested smartly this week. What should be mentioned is that I suffered margin call on Oct 11th, when the USDA report was released. I was in […]
I think the price of corn continue to be downwards. I will sell a corn contract next week. Firstly, many traders believe that the U.S. Department of Agriculture report announced next week, might raise the soybean yields, the increase rate is expected about 2 bushels per acre to 4 bushels, to suppress soybean prices down. […]