Today's Market View Corn Futures Expected to Open 4 to 6 Higher as of 7:15 a.m. 23 minutes ago
Corn: The corn market got back on track Wednesday as renewed noncommercial buying tied to planting delays and historically tight stocks led to solid gains.
Soybeans: The bean market remains mired in its sideways trend with a lack of fresh news keeping a majority of traders on the sideline.
Wheat: Sharply higher trade in the Minneapolis market tied to an increasingly bullish commercial outlook supported the other wheat markets Wednesday.
Live Cattle: Renewed buying interest from both sides of the market tied to oversold conditions and stronger outside markets led to a sharply higher close.
Cotton: The surging cotton market posted a second straight day of sharp gains as the supply and demand situation remains one of the most bullish in all of commodities.
Since 1996 by request from many traders new and old hands at trading I was ask to post my calls at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my calls in advance of the markets and offering in my trading course. I believe you will enjoy watching the markets after the market opens.
Simplicity is the most powerful approach to trading you can have. Send me a E mail for information on my trading course called "The Art Of Trading"
My market calls are my opinions and the average is around 75% right 25% wrong based on my trading methods.
Market Pick Sample:
Grains
5/03 July Rice buy 15.41 price hit
4/25 July Wheat buy 8444 price hit
4/13,20 July Corn buy 7892 canceled
Meats:
5/05 July L-Hogs: sell 92.270 price hit
5/03,4 Aug. F-Cattle sell 134.120 price hit, 132.920 price hit
5/03 Aug. L-Hogs sell 95.450 price hit
Soft's / Misc.
5/02 July Cotton sell 146.20 price hit
4/25,26 July Cotton sell 164.00 price hit
4/25,28 July Coffee buy 302.50 price hit
Metals:
5/02,5 July Silver buy 49.85 canceled
4/27 June Gold buy 1519.5 price hit
4/07 June Gold buy 1463.9 price hit
Energies:
3/10,14 June Nat. Gas sell 3.957 price hit, 3.800 canceled
2/22 April Nat. Gas sell 3.949 price hit, 3.867 price hit
2/17,18 April Crude Oil sell 87.06 canceled
Currencies:
5.02 June B/Pound buy 1.6730 price it
4/27 June B/Pound buy 1.6593 price hit
4/18,20 June S/Franc buy 1.12440 price hit
Financial's / Indexes
5/03 June Eurodollar buy 99.715 price hit
5/03,4 June S&P 500 buy 1364.0 canceled
4/06,7 June Eurodollar buy 99.70 price hit
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