Late Options On Bonus Depreciation Are Available

Apr 20 11:04am AgWeb
A farmer may want to change their bonus depreciation after filing their return. it can be done, but it may cost you to do it.
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Live Cattle. Record Open Interest. Profit Taking.

Apr 20 11:00am InsideFutures.com Commentary
Long positions are starting to exit.
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Are Soybeans Bottoming

Apr 20 10:28am InsideFutures.com Commentary
Volatility will expand soon...
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Sentiments Change on the Oil Market. The EIA Report Brings Down the quotes.

Apr 20 10:20am InsideFutures.com Commentary
Yesterdays EIA report caused a significant pressure on the oil quotes. The WTI (#CL) crude oil fell by more than 3.5\% after the publication of the statistics. This is the strongest price collapse for the last 6 weeks.
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U.S. Dollar Continues to Underperform the News

Apr 20 10:08am InsideFutures.com Commentary
Higher prices today are linked to yesterday’s release of the Fed’s “Beige Book” on the economy, which was optimistic about business conditions around the nation.
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Mexico Sees Trade Deal With Argentina By Year's End

Apr 20 10:06am AgWeb
Mexico, seeking closer ties with the rest of Latin America, expects to finish negotiations on a trade deal with Argentina involving cars and agricultural products around the end of the year, Mexico's deputy minister for foreign trade said in an interview on Tuesday.
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Mid-Morning Market Update: Markets Edge Higher; Verizon Profit Misses Expectations

Apr 20 10:03am Commodities
Following the market opening Thursday, the Dow traded up 0.14 percent to 20,433.68 while the NASDAQ climbed 0.33 percent to 5,882.63. The S&P also rose, gaining 0.15 percent to 2,341.72. Leading and Lagging Sectors Thursday morning, the basic materials sector proved to be a source of strength for the market. Leading the sector was strength from Kaiser Aluminum Corp. (NASDAQ: KALU) and AK Steel Holding Corporation (NYSE: AKS). In trading on Thursday, utilities shares fell by 0.63 percent. Meanwhile, top losers in the sector included Westar Energy Inc (NYSE: WR), down 7 percent, and Companhia de Saneamento Basico (ADR) (NYSE: SBS), down 4 percent. Top Headline Verizon Communications Inc. (NYSE: MS) reported weaker-than-expected earnings for its first quarter. Verizon posted adjusted earnings of $0.95 per share in the quarter on revenue of $29.8 billion; Analysts were expecting the company ...Full story available on Benzinga.com...
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Elliott Wave Analysis: GBPUSD Trading Out Of A Correction

Apr 20 9:54am InsideFutures.com Commentary
Cable is making a strong rise away from 1.2364, clearly in impulsive fashion which can see an extension up to 1.3000 area for wave C.
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China Buys a Large Amount of U.S. Pork Last Week

Apr 20 9:15am InsideFutures.com Commentary
The big news this morning in the hogs is the weekly export sales data. Cash steer prices surged upward again yesterday.
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The Secret of the Five Trades

Apr 20 9:11am InsideFutures.com Commentary
Traders can categorize all of their trades into one of five categories: big winners, small winners, small losers, big losers, and break even trades.
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Saudi’s Talk More Production Cuts. The Corn & Ethanol Report 04/20/17

Apr 20 8:47am InsideFutures.com Commentary
Saudi’s are talking further production cuts after yesterday’s huge drop on no news. After a mostly bullish inventory data on both the API and EIA the Energy complex could not rally and it seemed that computer algorithms kicked in and slammed the market with the expiration of the May contract....
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Saudis Go for the Save. The Energy Report 04/20/17

Apr 20 8:45am InsideFutures.com Commentary
Saudi Arabia is trying to talk up the markets saying an output extension is all but done after yesterday’s supportive oil supply report failed to get us to the next level. There was a 1.0 million barrel draw down in oil inventory overall and in Cushing, Oklahoma the inability of the market to move...
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Corn July 2017

Apr 20 8:06am InsideFutures.com Commentary
Time Frame Specific Technical AnalysisToday, 3 to 5 Days Out, 2 to 3 Weeks Out and 2 to 3 Months Out...
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Global Commodities Weekly Roundup: April 20

Apr 20 8:00am Commodity HQ
CommodityHQ.com provides weekly information about any material impact of a major economic, corporate and/or geopolitical event on the global commodities market. The report also analyzes the weekly change in prices of the major commodity futures and commodity focused ETFs as a result of market changing events and trends. This report covers events and analysis for the weeks ranging April 10 to April 17.
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Last Stand: Nebraska Farmers Could Derail Keystone XL Pipeline

Apr 20 7:43am AgWeb
When President Donald Trump handed TransCanada Pipeline Co. a permit for its Keystone XL pipeline last month, he said the company could now build the long-delayed and divisive project "with efficiency and with speed." But Trump and the firm will have to get through Nebraska farmer Art Tan [...]...
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Exxon Asks Washington To Waive Sanctions Against Drilling In Russia

Apr 20 7:20am Commodities
Exxon Mobil Corporation (NYSE: XOM) has applied to the U.S.Treasury Department for a waiver from U.S. sanctions on Russia so the oil giant can revive its joint venture with state-owned oil company, PAO Rosneft, according to published reports. Both the Wall Street Journal and then the New York Times quoted sources as saying that Exxon had applied to drill in areas banned by sanctions ...Full story available on Benzinga.com...
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Traders Watch Weather Maps & Export Sales

Apr 20 6:01am AgWeb
Grain markets are higher as traders look to weather maps ahead of this morning's export sales report. Outside markets continue to monitor events on the world stage.
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The Bears Strike Again

Apr 20 4:45am InsideFutures.com Commentary
After two consecutive down days will the markets rebound today? Read on to learn more...
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INDU Elliott Wave View: More downside

Apr 20 2:11am InsideFutures.com Commentary
INDU ( Dow) is showing 5 swings bearish sequence from 3/03 peak favoring another leg of weakness as far as bounces fails below 20645 peak and more imporatntly below 20887 peak...
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EPA Denies Plans to Close Chicago Office

Apr 19 7:43pm AgWeb
U.S. Environmental Protection Agency officials on Tuesday denied reports the agency will close the office in Chicago that oversees regional environmental protection efforts including the Flint, Michigan drinking water clean-up and Great Lakes restoration.  ...
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The Trend Trader For Futures Trading on Thursday, April 20, 2017

Apr 19 6:57pm InsideFutures.com Commentary
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Before...
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Wal-Mart Seeks Farm Nitrogen Reductions With 1 Gigaton Emissions Goal

Apr 19 6:23pm AgWeb
The retailer announced its plans Wednesday to reduce greenhouse gases throughout its supply chain by 1 billion tons. ...
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E-Mini S&P 500: Trump promises may return void?

Apr 19 5:42pm InsideFutures.com Commentary
E-Mini S&P 500: Trump promises may return void?...
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Predicting Acreage Numbers (and the Stanley Cup Winner)

Apr 19 4:48pm Markets – Real Agriculture
As oddsmakers and fans adjust their expectations for who’s going to win the Stanley Cup, market analysts are crunching the numbers on how many acres of each crop farmers will plant this spring, with the Statistics Canada acreage report coming out on Friday. Dwight Nichol of DLN AgVentures joined RealAg Radio on Tuesday (before the Oilers’... Read more »...
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Eight Dairies Dropped by Grasslands Added by Mullins Cheese

Apr 19 4:30pm AgWeb
According to Milk Magazine, Mullins Cheese is picking up eight of the dairies that were recently displaced by Grassland Dairy Products. ...
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Crude Oil Moves in the Futures Markets 4.20.2017

Apr 19 4:29pm Support & Resistance Levels
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.    \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Voted #1 Blog and #1 Brokerage Services on TraderPlanet  for 2016!!  \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Today’s big mover was the energy complex. Daily chart of crude oil futures along with possible levels to watch for your review below (PS if you like a trial […] The post Crude Oil Moves in the Futures Markets 4.20.2017 appeared first on Support & Resistance Levels.
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Failing To Decentralize State-Run Economy Could Be Big Trouble For China

Apr 19 4:12pm Commodities
Every golf course in China is equipped with cameras at almost every tee. Why? Because senior managers at state-owned enterprises are forbidden from enjoying such a frivolous pastime. But golf courses are places where plenty of business takes place, notes Marshall Meyer, a professor emeritus of management and professor of sociology at the Wharton School at the University of Pennsylvania. This is just one micro item that's part of a macro problem that could theoretically send China down a road that some believe brought down the Soviet Union in 1991. “How’s international business done? Can’t take them out golfing, can’t take them out to dinner,” Meyer, who has studied the Chinese economy at the company level, told Benzinga. “This is one very small part of some of the core issues in China. The lack of progress with the largest enterprises and party supervision has really intensified." China’s Q1 Growth May Be A Mirage China on Monday said its economy grew by 6.9 percent during the first quarter from the year-ago period, slightly beating market expectations of 6.8 percent. The rise was attributed to increases in industrial input, spending on infrastructure, retail sales and fixed-asset investment. But there are plenty of underlying factors behind those numbers that suggest the ...Full story available on Benzinga.com...
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I-80 Planting Tour: Ohio Farmers Need Good Crop

Apr 19 3:55pm AgWeb
A majority of Ohio farmers have yet to put their planters in the field according to the latest USDA Crop Progress report. Farmers say that could all change this week.
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Mizzou Economist: Beef Prices Will Retreat From Last Few Weeks

Apr 19 3:20pm AgWeb
Cattle prices have continued to surprise the markets, but have prices seen their peak?...
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What Made Farmland Sales Jump?

Apr 19 3:16pm AgWeb
Ag landowner services company Farmers National Company saw real estate sales volume of farms and ranches shoot up double digits during the first half of this fiscal year compared to the past two years. That prompted FNC to take a closer look at just what was happening.
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Iowa Family Farmers say Budget Cuts Would be Devastating

Apr 19 2:41pm AgWeb
Iowa farmers asked Republican lawmakers Monday to reconsider plans to eliminate an agriculture research center they say is vital to the state's largest industry.
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Mid-Afternoon Market Update: Crude Oil Down Over 4%; CalAmp Shares Surge After Strong Q4 Results

Apr 19 2:32pm Commodities
Toward the end of trading Wednesday, the Dow traded down 0.41 percent to 20,438.91 while the NASDAQ climbed 0.33 percent to 5,868.90. The S&P also fell, dropping 0.04 percent to 2,341.27. Leading and Lagging Sectors Wednesday afternoon, the cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Lithia Motors Inc (NYSE: LAD) and Radiant Logistics Inc (NYSE: RLGT). In trading on Wednesday, energy shares fell by 1.43 percent. Meanwhile, top losers in the sector included Westmoreland Coal Company (NYSE: WLB), down 9 percent, and Whiting Petroleum Corp (NYSE: WLL), down 7 percent. Top Headline Morgan Stanley (NYSE: MS) reported stronger-than-expected earnings for its first quarter. Morgan Stanley said it earned $1.00 per share in the quarter on revenue of $9.7 billion; Analysts were ...Full story available on Benzinga.com...
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Analyst: We Are at a Time When Things Are Getting Worse

Apr 19 2:23pm AgWeb
Soybean demand has been strong, keeping a floor under prices. ...
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Crude Oil Prices Tank amid US Gasoline Stockpiles Growth

Apr 19 2:01pm Commodity Blog
Futures for crude oil slumped more than 2\% today even as US stockpiles declined. The Energy Information Administration reported that crude oil inventories …...
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SP500 in Distribution Mode?

Apr 19 1:47pm InsideFutures.com Commentary
SP500 in Distribution Mode?...
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Copper Futures Dip 1% as Bull Sentiment Fades

Apr 19 1:12pm Commodity Blog
Copper futures fell as much as 1\% during the Wednesday trading session. With fund managers decreasing their positions in copper, the bullish sentiment appears to be …...
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How to Make A Proactive Marketing Plan

Apr 19 1:00pm AgWeb
To combat negative market moves and seize opportunities to capture revenue, farmers need to create a marketing plan based on their break-even costs and stay disciplined to execute that plan, he says. ...
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Why crude oil will continue to be under pressure

Apr 19 12:32pm InsideFutures.com Commentary
iiTRADERs Oliver Sloup was on Bloomberg this morning breaking down the bear case. Here are a few of the reasons along with a link from the interview.
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Kubota Introduces New M6S-111 Hay and Cattle Tractors

Apr 19 12:28pm AgWeb
Kubota Tractor Corporation announces it has expanded its M-Series to include the M6S-111 diesel tractor. Senior product manager Kent Brown says this tractor is an ideal solution for performing a full range of cattle and hay tasks, loader work, mowing and more.
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Interest Rates Facing Stiff Resistance

Apr 19 12:10pm InsideFutures.com Commentary
The interest rate rally over the last month has been fairly anemic considering the record long position the commercial traders carried into this year. We’ll look at the 10-year Treasury Note futures on a daily and weekly scale along with Commitment of Traders (COT) report.
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Mid-Day Market Update: Dow Turns Negative; Argos Therapeutics Shares Spike Higher

Apr 19 12:04pm Commodities
Midway through trading Wednesday, the Dow traded down 0.14 percent to 20,495.15 while the NASDAQ climbed 0.57 percent to 5,882.88. The S&P also rose, gaining 0.24 percent to 2,347.78. Leading and Lagging Sectors On Wednesday, the cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Lithia Motors Inc (NYSE: LAD) and Radiant Logistics Inc (NYSE: RLGT). In trading on Wednesday, utilities shares fell by 0.49 percent. Meanwhile, top losers in the sector included Huaneng Power International Inc (ADR) (NYSE: HNP), down 2 percent, and Pampa Energia S.A. (ADR) (NYSE: PAM), down 2 percent. Top Headline Morgan Stanley (NYSE: MS) reported stronger-than-expected earnings for its first quarter. Morgan Stanley said it earned $1.00 per share in the quarter on revenue of $9.7 billion; Analysts were expecting the company ...Full story available on Benzinga.com...
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Planting of Spring Wheat, Oats Halfway Done in South Dakota

Apr 19 12:01pm AgWeb
Spring planting has progressed in South Dakota over the past week, despite snow, sleet and freezing rain in some areas.
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Lean Hogs continue to look bearish

Apr 19 11:34am InsideFutures.com Commentary
Nothing seems to support lean hog prices...
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Global Prices Bode Well for Increased Exports to China

Apr 19 11:18am AgWeb
Despite low domestic prices for pork, global prices are still attractive, and China is expected to import about three million tons of pork in 2017. This is similar to last year's level despite rising domestic production, a senior industry official said.
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Bovine TB Identified in Small Michigan Beef Cattle Herd

Apr 19 11:14am AgWeb
Bovine tuberculosis has been found in a small herd of beef cattle in Michigan's northeastern Lower Peninsula.
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Geopolitical Problems Apparently No Worse

Apr 19 10:48am InsideFutures.com Commentary
Mortgage applications in the week ended April 14 fell 1.8\%, which compares to the 1.5\% increase that was reported in the previous week.
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Canada Responds to Trump's Dairy Trade Admonishments

Apr 19 10:36am AgWeb
Canada's ambassador to Washington said Tuesday night that President Donald Trump is wrong when he says Canada's trade practices in the dairy industry are "very unfair."...
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Livestock - Grains - S&P E-Mini - Morning Charts - April 19, 2017

Apr 19 10:23am InsideFutures.com Commentary
Live Cattle,Lean Hogs,Soybeans,Corn,Wheat , E-Mini...
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Trump Promises U.S. Farmers Relief in Canada Dairy Dispute

Apr 19 10:20am AgWeb
President says he’ll demand a solution on U.S. milk exports.
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Elliott Wave Analysis: Crude OIL Moving Within A Correction

Apr 19 10:12am InsideFutures.com Commentary
Oil is trading sideways for some time now, so we think price could be trading in a three wave decline, as a contretrend reaction to the previous five wave rise.
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Can California Fill Its Biggest Reservoir?

Apr 19 10:08am AgWeb
After the wettest winter in 122 years of record-keeping, California's reservoirs are filling up again, with more than 22 million acre-feet of water in the 46 reservoirs tracked by the state Department of Water Resources.
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Mid-Morning Market Update: Markets Mostly Higher; Morgan Stanley Beats Q1 Expectations

Apr 19 10:05am Commodities
Following the markets opening Wednesday, the Dow traded up 0.01 percent to 20,523.76 while the NASDAQ climbed 0.64 percent to 5,886.84. The S&P also rose, gaining 0.41 percent to 2,351.68. Leading and Lagging Sectors Wednesday morning, the financial sector proved to be a source of strength for the market. Leading the sector was strength from LNB Bancorp Inc (NASDAQ: LNBB) and Mesabi Trust (NYSE: MSB). In trading on Wednesday, utilities shares fell by 0.37 percent. Meanwhile, top losers in the sector included Huaneng Power International Inc (ADR) (NYSE: HNP), down 2 percent, and Pampa Energia S.A. (ADR) (NYSE: PAM), down 3 percent. Top Headline Morgan Stanley (NYSE: MS) reported stronger-than-expected earnings for its first quarter. Morgan Stanley said it earned $1.00 per share in the quarter on revenue of $9.7 ...Full story available on Benzinga.com...
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Bad Planting Weather Not Sparking Rallies. The Corn & Ethanol Report 04/19/17

Apr 19 9:16am InsideFutures.com Commentary
Plantings are behind in the Mid-West with wet or flooded fields and the weather forecast are calling for more rains keeping farmers of the fields. The Grain complex cannot seem to muster any type of rally with South America’s record harvest. Exports kept the bears at bay but they have this market...
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The Drain Game. The Energy Report 04/19/17

Apr 19 9:13am InsideFutures.com Commentary
In the U.S. overall petroleum inventories continue to fall as the petroleum oversupply drain game has begun. Not only did we see the API report an 840,000 barrel drop in crude oil inventory but also a 1.8 million barrel drop in distillate inventory offsetting a surprise 1,347-million-barrel increase...
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Soy Makes Small Bounce Overnight

Apr 19 8:41am InsideFutures.com Commentary
Expectations for accelerating planting progress keeping a lid on grains.
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Will Farmers Plant Corn Instead of Soybeans?

Apr 19 6:18am AgWeb
Grain markets are mixed as the weather forecast suggests a window of opportunity for fieldwork will open next week. The US Dollar recovers some of yesterday’s slide as Britain’s newly slated election...
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The Bears Strike Back

Apr 19 4:30am InsideFutures.com Commentary
Yesterday the markets fell, will the markets rise today? Read on to learn more...
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Gold Elliott Wave View: pullback ending

Apr 19 2:43am InsideFutures.com Commentary
Gold has ended the near term cycle from 4/10 low as 5 waves impulse sequence in wave (a) higher at 1295 peak below from there metal is correcting...
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Is This the End of US Dollar Strength?

Apr 18 9:24pm InsideFutures.com Commentary
The reaction across the US Dollar basket resembled more that of short covering than a true reversal for the Dixie. Both June ‘17 Euro and June ‘17 Pound futures participated in the US Dollar slide, closing 86 pips and 276 pips higher respectively.
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The Trend Trader For Futures Trading on Wednesday, April 19, 2017

Apr 18 6:58pm InsideFutures.com Commentary
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Before...
Read More