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By Tim Hannagan • Sep 1st, 2010 • Category: Grains
Wednesday, September 1, 2010
WHAT A START………..We started the week’s reports with our weekly export inspection report .This report is important because it’s a gauge of demand. We have 2 reports each week that the government informs us exactly how demand is going. Once the supply side of the market is known, then demand will become [...]
By Tim Hannagan • Aug 18th, 2010 • Category: Grains
Wednesday, August 18, 2010
Let’s cover our first demand report of the week. As demand will be the driving force for futures after the U.S. crop is in and known and the final eastern European winter wheat plantings, weather permitting . Mondays 10:00a.m. Central time weekly export inspection report came out telling us how much of [...]
By Tim Hannagan • Aug 11th, 2010 • Category: Grains
Wednesday, August 11, 2010
We started Monday with our weekly export inspection report showing corn inspected for near term export was 41.9 million bushels up from 33.9 the week prior and strong four week average of 36 m.b. As always, 30 to 39 m.b. is demand friendly and anything over 40 m.b. bullish for near term [...]
By Tim Hannagan • Aug 4th, 2010 • Category: Grains
Wednesday, August 4, 2010
We started the week’s reports with our Monday weekly export inspection report at 10:00a.m. central time. Wheat inspected for near term export was 22 million bushels, up from 15.9 the week prior, 13.7 a year ago and four week average of 17 m.b. No surprise here as importers concerned about dry wheat [...]
By Tim Hannagan • Jul 30th, 2010 • Category: Grains
Friday, July 30, 2010
Thursdays weekly export sales report came out ahead of the open. Wheat sales were 919 t.m.t. versus 382 t.m.t. the week prior and four week average of 405. This was the highest weekly sales number since October of 2007. With wheat making a $1.50 four week high last week, you would think [...]
By Tim Hannagan • Jul 28th, 2010 • Category: Grains
Wednesday, July 28, 2010
Monday’s first report came on the demand side with our weekly export inspection reports. Wheat showed 15.4 million bushels of wheat was inspected for near term export, down from 23.5 the week prior and four week average of 17.5 m.b. The decline is as simple as importers see record U.S. stocks at [...]
By Tim Hannagan • Jul 16th, 2010 • Category: Grains
Friday, July 16, 2010
Lets talk demand first before we address the heat on the way. Our weekly export sales report came out Thursday showing 309 t.m.t. of wheat was sold last week down 40% from the week prior. So, demand remains weak but trend following funds continue to buy back previously purchased positions that four [...]
By Tim Hannagan • Jul 14th, 2010 • Category: Grains
Wednesday, July 14, 2010
I’m glad to be back from my week long vacation as so much excitement abounds this time of year in the grains. But, I put you on cruise control last week as my last report before I left July 1st gave you everything you needed to know about the grain markets movements [...]
By Tim Hannagan • Jul 2nd, 2010 • Category: Grains
Friday, July 2, 2010
As we head into July we meet a month that brings great apprehension to farmers and eventual end-users of grain such as exports, feeders, and ethanol users. These last three need large stocks at low prices to turn a profit. This fear in July comes as the crop yield and price is [...]
By Tim Hannagan • Jun 29th, 2010 • Category: Grains
Tuesday, June 29, 2010
After the close of trading Monday our crop progress and condition reports came out. Winter wheat crop is now 38% harvested, equal the five year average for this time. 64% of the crop was rated in good to excellent condition down 1% for the second consecutive week and the lowest rating since [...]
By Tim Hannagan • Jun 25th, 2010 • Category: Grains
Friday, June 25, 2010
Last report of the week came out with our Thursday weekly export sales report. Wheat sales continue good as our winter wheat harvest is underway making for availability at value. Sales last week were 725,000 thousand metric tons versus 584 a year ago with Asian markets in for half the amount but [...]
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