Tim Hannagan

Senior Grain Analyst

Follow this author / Biography / Contact

FRIDAY MIDDAY WEATHER 11/20

he 12z FRIDAY operational GFS still shows a significant event developing for the eastern portions of the Upper Plains and Midwest 11/23-11/24. The GFS has done a flip flop... again... and now shows a colder pattern for the central and eastern US in the 1st week of DEC. (Nov 20, 2009 4:04PM)

Grain Report

The Thursday weekly export sales report put wheat sales last week at a weak 362,000 metric tons, down 12% from the week prior and 13% below our four-week average. Slow demand comes as record-ending stocks keep importers buying hand-to-mouth as needed and last week's rally in-priced of $0.40. After... (Nov 20, 2009 3:59PM)

RAINFALL LAST 24 HRS ...ending as of 7am CDT 11/20/09

All of the Plains regions as well as the Delta and most of the Deep South for rain free in the last 24 hours. Light to moderate rains have developed over Central Texas in the last several hours... and we have light rain showers lingered across the Great Lakes and Northern ECB. Rainfall amounts here ... (Nov 20, 2009 10:27AM)

Strong close for the US Dollar but the outlook still looks bearish to me

Higher closes Tuesday for the US Dollar index while, conversely, lower for the British pound, Canadian and Aussie dollar, Euro fx, Swiss franc and Japanese yen. The euro and franc continue to be in long-term up-trends with the latter looking stronger than the former but both in choppy action at this... (Nov 18, 2009 9:25AM)

Month-End Fears

A few reports Monday to cover. The first was the weekly export inspection report telling us how much of each grain was inspected for near-term export. Wheat inspections were 15 million bushels ("m.b.") down from 17.7 the week prior, 18.3 a year ago and equal our weak four-week average. It's a ne... (Nov 17, 2009 3:24PM)

BEANS LEAD THE WAY

What a week. We had everything from weather issues to crop reports and harvest concerns. We started the weeks reports with our Monday weekly export inspection report. For wheat it showed 17.2 m.b. of wheat was inspected for near term export up from a weak four week average of 15.5. The trade ignores... (Nov 13, 2009 1:18PM)

Grain Report

When a U.S.D.A. crop report is released with no surprise to the market, the market comes in the next day and says "What Report" and moves on to trading the next day's most important issues. Tuesdays U.S.D.A. monthly crop report was that kind of a report. A little bit of a yawner with numbers in line... (Nov 11, 2009 4:00PM)

Grain Report

We started the week's reports with Mondays weekly export inspection report showing 23.3 million bushels of corn was inspected for near term export versus 25.5 the week prior, 23.1 a year ago and four week average of 28 m.b. We need to be between 30 and 39 m.b. to be demand price friendly and over 40... (Nov 03, 2009 7:07PM)

Here comes the HARVEST

Those who took notes on last Fridays report know that this week laid out just as we scripted. We told you to expect a higher opening on Monday as the market would price in another round of harvest delays as heavy Midwest rains again were called for and an overnight and Monday opening rally occurred ... (Oct 30, 2009 3:27PM)

Commodity Report 28/10/2009

Monday's report began with our weekly export inspection report showing 23.9 million bushels of corn was inspected by the U.S.D.A. for near term shipment. This was under the week prior of 31.4 and four week average of 28.5 m.b Clearly the 4.00 per bushel area we recently hit and ample ending stocks... (Oct 28, 2009 1:05PM)

Weekly grain report

Our weekly export sales for corn came in a little weak at 234 T.M.T. sold last week, down from our four week average of 761 T.M.T. This occurred as some previous purchases were cancelled and moved to 2011 crop year delivery. This is the second consecutive week of this action and suggests importers... (Oct 23, 2009 3:25PM)

Grain Report

We started the week's reports with our weekly export inspection report showing 24.5 million bushels of corn was inspected by the U.S.D.A. for near-term shipment. This was over the week prior of 23.3 but under our four-week average of 30 m.b. We need to stay over 30 m.b. to keep demand friendly and o... (Oct 21, 2009 4:15PM)

1 2 3 4 5