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Friday, February 26, 2016

8 Ag Numbers to Know in '16 | Agweb.com

8 Ag Numbers to Know in '16 | Agweb.com: Whether you're wondering what to plant or how to adjust your marketing plan for the year ahead, you'll want to familiarize yourself with the latest numbers from USDA. Released at the agency's annual Agricultural Outlook Forum in Arlington, Va., these figures provide the framework for USDA's regular�data releases�and the market's assumptions about ag commodities in the months and years ahead.�

Futures hold higher after data; oil eyed

Futures hold higher after data; oil eyed: U.S. stock index futures indicated a higher open on Friday as traders eyed data and the price of oil.

Dow futures held earlier gains of more than 100 points after the second read on fourth-quarter gross domestic product showed a 1.0 percent rise.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly higher on short covering as traders wait for information from USDA outlook conference. Outside markets are focusing on comments out of the G20 meeting being held in Shanghai, China.

Farmers pricing out basis contracts against the March futures ahead of first notice day are keeping pressure on corn prices. Crude oil remains in a $4.00 consolidation pattern for the past few weeks. US Dollar has resistance at the 98.00 level.