Headlines


U.S. EXPORT SALES RYE - February 09, 2023 (full story)


U.S. EXPORT SALES GRAIN SORGHUMS - February 09, 2023 (full story)


U.S. EXPORT SALES BARLEY - February 09, 2023 (full story)


U.S. EXPORT SALES SUNFLOWER SEED OIL - February 09, 2023 (full story)


U.S. EXPORT SALES LINSEED OIL - February 09, 2023 (full story)


U.S. EXPORT SALES OATS - February 09, 2023 (full story)


U.S. EXPORT HIDES AND SKINS - February 09, 2023 (full story)


U.S. EXPORT SALES WHEAT - February 09, 2023 (full story)


U.S. EXPORT SALES WEEKLY SUMMARY REPORTS - February 09, 2023 (full story)


U.S. EXPORT SALES COMPLETE - February 09, 2023 (full story)


U.S. EXPORT SALES SOYBEAN CAKE AND MEAL - February 09, 2023 (full story)


U.S. EXPORT SALES COTTON CAKE AND MEAL - February 09, 2023 (full story)


U.S. EXPORT SALES SOYBEANS - February 09, 2023 (full story)


U.S. EXPORT PORK - February 09, 2023 (full story)


U.S. EXPORT SALES COTTON OIL - February 09, 2023 (full story)


U.S. EXPORT BEEF - February 09, 2023 (full story)


U.S. EXPORT SALES COTTON - February 09, 2023 (full story)


U.S. EXPORT SALES SOYBEAN OIL - February 09, 2023 (full story)


U.S. EXPORT SALES CORN - February 09, 2023 (full story)


U.S. EXPORT SALES COTTON SEED - February 09, 2023 (full story)


U.S. EXPORT SALES FLAXSEED - February 09, 2023 (full story)


Overnight action in cotton trade has the board 8 to 40 points higher. Cotton futures rallied back to limit the midweek drop to 26 to 42 points across the old crop contracts. March was down by 149 points at the day’s low. The new crop contracts stayed in the red... (full story)


Lean hog futures bounced by triple digits in the summer months on Wednesday, but are still down for the week after a drop on Monday. USDA’s National Average Base Hog price was $3.51 higher on Wednesday afternoon at $77.58. The CME Lean Hog Index was $73.51 on 2/06, up by... (full story)
HEG23: 75.925s (+0.550), HEK23: 93.825s (+1.175), KMG23: 81.800s (-0.150)


At the close on Wednesday, the live cattle futures market was mixed but within 22 cents of UNCH. Feb and April bounced to new contract highs on the day, but closed just 22 and 10 cents higher respectively. The other nearby contracts were slightly in the red at the bell.... (full story)
LEG23: 160.800s (+0.225), LEJ23: 163.700s (+0.100), LEM23: 159.775s (-0.025), GFH23: 186.450s (-0.750), GFJ23: 190.725s (-0.625)


Morning wheat quotes are on both sides of UNCH across the classes. Chicago wheat prices rallied double digits after the USDA data. March SRW closed on a 15 cent gain, just 1 1/2 cents off the day’s high. December SRW is now priced above $8/bu. Kansas City wheat futures settled... (full story)
ZWH23: 767-0 (+2-2), ZWK23: 776-4 (+1-4), ZWPAES.CM: 7.0419 (+0.1454), KEH23: 890-6 (-5-2), KEPAWS.CM: 8.5391 (-0.0842), MWH23: 925-0 (-1-2)


Overnight soy action left the board higher after digesting the USDA’s monthly data. Preliminary OI data showed net new buying across the bean complex on report day, with a 2.4k contract inflow. Soybeans were fractionally to 4 1/2 cents higher at the close yesterday. Soybean meal also bounced on Wednesday,... (full story)
ZSH23: 1527-0 (+7-2), ZSPAUS.CM: 14.8338 (+0.0659), ZSK23: 1519-0 (+5-2), ZSN23: 1509-6 (+3-6)


As the corn trade shifts away from the WASDE updates, futures are fractionally weaker going into the Export Sales report. Preliminary OI data from CME showed a net 3.9k contract inflow from yesterday’s action, mainly in the summer contracts as March was net 4k decreased. Yesterday, March corn traded from... (full story)
ZCH23: 678-0 (-0-4), ZCPAUS.CM: 6.8154 (-0.0053), ZCK23: 675-2 (-1-0), ZCN23: 664-2 (-1-0)


Click to view report lsddfss.pdf in PDF format (full story)


Morning Livestock Report (full story)


AL_LS603 Las Cruces, NM Feeder Cattle February 9, 2023 Daily Import Total Sales February 8, 2023 Santa Teresa, NM. EST: 3100 Compared to Tuesday, steer calves and yearlings sold... (full story)


The Chart of the Day belongs to the semiconductor company Allegro MicroSystems (ALGM) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart... (full story)
ALGM: 42.54 (-0.30), EVC: 6.73 (-0.27)


The President of Potatoes USA says worldwide demand for the tuber is outpacing production. Blair Richardson told the Wisconsin Potato and Vegetable Growers conference that 20 years ago, the U.S. controlled about 55% of the global potato export... (full story)


REPORTING OFFICE: WASHINGTON FEB 09 2023 RAIL AND PIGGYBACK SHIPMENTS FOR: WED FEB 08 2023 CAR AND VAN COUNT ... (full story)


REPORTING OFFICE: WASHINGTON FEB 09 2023 RAIL AND PIGGYBACK SHIPMENTS FOR: WED FEB 08 2023 10,000 POUND UNITS (COMMODITY TOTALS FOLLOW ASTERIKS) ... (full story)


Yesterday, we looked at some bullish trades, so today, we are going to look for some bearish candidates. We will be using some moving average filters to find bearish stocks and then looking at a couple of different trade ideas. (full story)
HD: 320.79 (-4.41)


Yesterday we suggested a Down day and the markets didn't disappoint. What will they do today? (full story)


Many of our historical climate statistics, correlations and cycles are pointing to an elevated risk of Drought for the US growing season in 2023. (full story)


March S&P 500 futures (ESH23) are trending up +0.86% this morning after three major U.S. benchmark indices finished the regular session lower as market participants digested hawkish statements by multiple Fed officials as well as a fresh deluge of earnings results. (full story)
ESH23: 4,157.75 (+27.25), GOOGL: 99.37 (-8.27), DIS: 111.78 (+0.15), MAT: 20.50 (-0.25), ABBV: 144.61 (-0.53), PEP: 171.16 (-0.40), PM: 101.29 (-0.91), PYPL: 79.72 (-3.51), APP: 12.68 (-0.17), AFRM: 16.02 (-1.19), HOOD: 10.47 (-0.08), SONO: 17.86 (-0.72), CSII: 13.31 (-0.27), EQNR: 31.36 (+2.08)


Click to view report AMS_1928.pdf in PDF format (full story)


Click to view report AMS_2093.pdf in PDF format (full story)


Click to view report AMS_2068.pdf in PDF format (full story)


Click to view report AMS_1992.pdf in PDF format (full story)


Click to view report AMS_2111.pdf in PDF format (full story)


Click to view report AMS_1998.pdf in PDF format (full story)


Click to view report AMS_1703.pdf in PDF format (full story)


Click to view report AMS_2212.pdf in PDF format (full story)


The (USDCAD) continues consolidating but should be seeing a volatility surge soon as the triangle (on the weekly chart) nears completion.  Before bulls get excited, they’ll want to see the USDCAD close on a weekly basis above the weekly chart triangle resistance and the psychologically key 1.35 whole figure level. (full story)
FXC: 72.71 (-0.23)


Click to view report fvdorganic.pdf in PDF format (full story)


Click to view report fvddaily_move.pdf in PDF format (full story)