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Thursday, June 30, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are settling in for the numerous USDA reports scheduled for release this morning. Historically these reports cause volatility in prices after their release. Row crop traders post-report will be quick to focus in on weather forecast changes with a long holiday weekend in front of us. Call your Allendale Broker for pre-report trading strategies.

Wednesday, June 29, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are quietly mixed as traders prepare for the next bevy of information. US Dollar is weaker while stocks indices are higher.

The balance of this week could produce some very volatile markets for grains. Starting today Stats Canada releases acreage data and tomorrow USDA releases Quarterly stocks, Planted acreage and Weekly Export Sales. Thursday is first notice day for deliveries against the July futures contract and is the last trading day of the month. Friday will be the last chance to adjust positions and prepare for the post-holiday weather forecasts.

Talk to your broker and revisit any resting order you may have placed, “You don’t want any surprise fills”. Check with your Allendale Broker for pre-report strategies.

Tuesday, June 28, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher�on concerns that weather maps will dry out. Traders are likely to continue to even positions ahead of Thursdays USDA reports.

Weather forecasts added rain in yesterday's 6 to 10 maps. While temperatures will be mostly normal to below normal in the near term, they to warm up in the extended forecast. NOAA will be out with its updated July maps on Thursday morning.

Monday, June 27, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as the US Dollar remains strong after Brexit vote.

Macro markets and evening of positions before the major USDA reports on Thursday will likely have an impact on grains this week. The sharp losses last week increases the possibilities of a bounce before the reports. Weather forecast has temps cooling after hot weekend.

Thursday, June 23, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are continuing their slide as rain is in the short term forecast. Latest pre-vote poll is favoring Britain to stay in the EU.

Tension builds�as British voters go to the polls to decide the countries association with the European Union. Investors around the world are concerned about the ramifications on stock markets and currencies if the voting results in leaving the EU. Grain markets could be affected due to outside money flow. FCM’s are taking precautions by raising margin requirements on some commodity contracts.

Wednesday, June 22, 2016

Brexit Vote and Chart Damage Apply Pressure - robliberal@gmail.com - Gmail

Brexit Vote and Chart Damage Apply Pressure - robliberal@gmail.com - Gmail: Grain markets�are mixed on short covering from the recent selloff. Outside markets remain choppy while waiting for Britain's vote results.

Weather markets�are providing fuel for the volatility in grain futures. However, outside market influences are having a major impact on money flow into or out of commodity investing.

Britain's vote�on whether to stay or leave the European Union will happen tomorrow. We are expected to get the results late Thursday night due to the time difference. The results will likely have a significant impact on England's economy if they decide to leave the EU. Markets around the world will be impacted as trader's mindset will be dealing with uncertainty if the vote is to leave. Current polls suggest they remain with EU but the vote is too close to call.

Tuesday, June 21, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as weather premiums continue to be weighed with each weather map update. Outside markets are adjusting ahead of�the Brexit vote on Thursday.

Monday, June 20, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower on weather and profit taking. Outside markets are adjusting before UK vote on Thursday. Latest polls suggest UK stays in European Union.

The week ahead will spread moisture across much of the Midwest. However, trade is looking past this week into the 6 to 10-day period where more weather models are in disagreement.

Friday, June 17, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are higher�on�positioning for the weekend as the weather market trade continues. Outside markets continue to prep for next week's "Brexit" vote.

NOAA's long term map update, released yesterday, calls for above normal temperatures for both July and the July - September period. The problem for bulls is their moisture forecast. For July they see normal moisture. For July - September they see normal moisture for all areas but South Dakota, which looks to be above normal. Keep an eye on weather maps this weekend for Sunday night trade direction.

Thursday, June 16, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are lower�as traders await this mornings�NOAA longterm map updates. Outside markets are lower�following the no-hike interest rate decision by the Fed, and ahead of next week's "Brexit" vote.

NOAA's 6 to 10 day forecast reduced temperatures and increased the chances for rainfall for the Great Lakes region. They will release updated long term weather forecasts covering July, August and September later this morning.

Wednesday, June 15, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mixed as traders await this mornings NOPA crush and ethanol reports. Outside markets have crude oil lower ahead of this afternoon's interest rate decision.

Tuesday, June 14, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are�lower on profit taking after good crop ratings. Weather continues to be watched closely and will likely cause erratic�trade through�the June 30th Grain Stocks and Acreage reports. Today's start of the FOMC meeting and this morning's retail sales report are also on the radar.

Corn conditions were reported at 75% good to excellent on yesterday afternoon's crop progress report. Trade was estimating corn at 74% vs the five-year average of 69%

Monday, June 13, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are higher as South American conditions cause supply concerns and add to the bullish sentiment. Outside markets look to see if stocks and oil can rebound from Friday's losses.

US Weather has some above normal temperatures in the forecast. As Drew Lerner of World Weather, Inc. points out, however, "It is only mid-June and there is much summer weather that still lies ahead making rainfall extremely important over the next few weeks."

USDA's Supply & Demand�report was viewed mostly bullish on Friday. Old crop corn ending stocks were lowered from 1.803 billion to 1.708, higher than the trade expectation of 1.766. New crop stocks were lowered from 2.153 billion to now 2.008. The trade expectation was 2.058

Friday, June 10, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as traders position�for the 11:00 AM CT USDA Supply and Demand report. Outside markets will watch this�afternoon's Treasury Budget report.

Thursday, June 09, 2016

Agriculture — A remembrance of the good old days - Columns - JamaicaObserver.com

Agriculture — A remembrance of the good old days - Columns - JamaicaObserver.com: ourism was in its infancy, with mostly elderly white Americans wearing straw hats, the men wearing Tower Isle shirts puffing on Jamaican-made cigars while the women shopped on fashionable King Street. Bauxite was also an infant industry just establishing itself.

Report: Agriculture industry big business for North State

Report: Agriculture industry big business for North State: Northeastern California's agriculture industry helped soften the blow of the Great Recession, a Chico State University Agribusiness Institute study says.

The value of agriculture production in the region more than doubled from 2004 to 2014 and agriculture accounted for approximately one of every five jobs in 2014, the report says.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as traders take profits before the USDA report. The US Dollar is higher with crude oil and stock indices showing a risk-off attitude.

The marketplace is running in high gear of worry about summer weather being too hot and too dry for US row crops. However, the recent GFS and Euro weather models have added instability to the near-term outlook with less persistent heat. Weather models will be followed closely for several weeks or until the fear of not having a crop is eliminated.

Wednesday, June 08, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher lead by soybean products. Outside markets are providing support as crude oil climbs above $50.00 per barrel and stock indices set sights on all-time highs.

Tuesday, June 07, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower on profit taking after another strong day yesterday. Bears look for a turnaround Tuesday type trade for support, while bulls continue to talk La Nina and excess heat.

Weather�maps�added above average heat to the short-term forecast for much of the corn belt. This has fueled concern that a hot June could lead to a hot July.

Monday, June 06, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as the weather forecast has several days of drying across the Midwest. Outside markets are higher as investors have risk-on attitude. Stock indices, crude oil and the US Dollar are all higher to start the week.

Weather this week ahead of the USDA report should be dry and keep the bullish fire fueled. However, the dry weather will allow for planting progress and maturation of growing crops. Rain should move into the Midwest next week helping crop conditions.

Saturday, June 04, 2016

Kurdistan finanical crisis: Replacing oil with agriculture for p

Kurdistan finanical crisis: Replacing oil with agriculture for p: In the midst of Iraqi Kurdistan’s economic crisis, the region is in desperate need of alternative sources for revenue other than their oil and gas industry which has struggled while at the mercy of the international market. For this reason, the Kurdistan Regional Government (KRG) is looking to revive their agriculture industry which has been part of their historical identity.

From 2004 until 2014, Iraqi Kurdistan’s economy was growing at an accelerating rate. In 2014, when the Islamic State (ISIS) established itself along the KRG’s borders, many of the international investors withdrew from the region due to the security threat. Since 2014, many of the Kurdistan Region’s industries have been suffering including their oil and gas industry. On top of everything, when the crisis hit, the Iraqi Central Government has withheld 17% of the constitutional budget mandated to the KRG.

Vilsack: U.S. Relationship With Cuba Begins With Agriculture | KCUR

Vilsack: U.S. Relationship With Cuba Begins With Agriculture | KCUR: The path to normalized relations between the United States and Cuba made a stop in farm country Friday.

U.S. Agriculture Secretary Tom Vilsack and his Cuban counterpart, Gustavo Rodriguez Rollero, toured Aaron Lehman’s corn and soybean farm in central Iowa.

Pakistan’s economy teeters as industry booms while agriculture collapses - The Nation

Pakistan’s economy teeters as industry booms while agriculture collapses - The Nation: A cotton-led collapse in agriculture dragged the economy down, leading the government to miss its growth target of 5.5 per cent by a significant margin in the current financial year as real gross domestic product grew at a rate of 4.7 per cent. However, that was still better than in the last eight years.

UC Cooperative Extension | Agricultural Experiment Station - Agriculture and Natural Resources - University of California

UC Cooperative Extension | Agricultural Experiment Station - Agriculture and Natural Resources - University of California: Do you have an idea for a mobile app that would simplify a task for growers, ranchers or anyone who works in agriculture? Meet others who can turn your idea into something functional.

The California Apps for Ag, the fourth in a series, will be held July 15-17. The competitive hackathon to solve real problems in agriculture and food is being hosted by UC Agriculture and Natural Resources and the California State Fair.

Software developers, designers, entrepreneurs, farmers, farm consultants and others in the agricultural industry are encouraged to participate in the hackathon, which will be held at the UC Agriculture and Natural Resources building at 2801 Second Street in Davis, from 8 a.m. Friday, July 15 to 11 a.m. Sunday, July 17.

Hello India, Africa's $1 trillion agriculture sector seeks suitors - The Economic Times

Hello India, Africa's $1 trillion agriculture sector seeks suitors - The Economic Times: Here's a heaven-sent opportunity for Indian investors: Africa's $1 trillion agriculture sector is seeking suitors and a report has already been drawn up on how India can benefit.

Friday, June 03, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher�overnight as the strength in the ag commodities continues. Outside markets are quiet with crude oil and stocks flat.

Weather maps�have added some heat and dry conditions for the near term forecast, adding fuel to the fund-led rally in grains.

Managed money�funds were estimated to have been buyers of 2,000 corn contracts, 7,000 wheat, and a large 21,000 soybean contracts in yesterday's rally.

Thursday, June 02, 2016

Rents falling for New York, San Francisco - Business Insider

Rents falling for New York, San Francisco - Business Insider: Rents are falling in two of the most expensive US markets.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on follow through buying. The US Dollar and stock indices are lower with crude oil steady.

Strong technical performance in several Ag futures contracts on Wednesday with a large range, outside day and new high closes for the recent move. Higher closes will likely entice new buyers and more short covering. Stay in touch with your Allendale Broker.

Weekly export sales report will be pushed off until Friday morning due to the holiday last Monday.

Wednesday, June 01, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed on follow through selling in corn and soybeans. The US Dollar, stock indices and crude oil are lower as traders start the month with a risk-off attitude.