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Yesterday, we looked at some bullish trades, so today, we are going to look for some bearish candidates. We will be using some moving average filters to find bearish stocks and then looking at a couple of different trade ideas. (full story)
HD: 320.79 (-4.41)


Yesterday we suggested a Down day and the markets didn't disappoint. What will they do today? (full story)


Many of our historical climate statistics, correlations and cycles are pointing to an elevated risk of Drought for the US growing season in 2023. (full story)


March S&P 500 futures (ESH23) are trending up +0.86% this morning after three major U.S. benchmark indices finished the regular session lower as market participants digested hawkish statements by multiple Fed officials as well as a fresh deluge of earnings results. (full story)
ESH23: 4,161.00 (+30.50), GOOGL: 99.37 (-8.27), DIS: 111.78 (+0.15), MAT: 20.50 (-0.25), ABBV: 144.61 (-0.53), PEP: 171.16 (-0.40), PM: 101.29 (-0.91), PYPL: 79.72 (-3.51), APP: 12.68 (-0.17), AFRM: 16.02 (-1.19), HOOD: 10.47 (-0.08), SONO: 17.86 (-0.72), CSII: 13.31 (-0.27), EQNR: 31.36 (+2.08)


The (USDCAD) continues consolidating but should be seeing a volatility surge soon as the triangle (on the weekly chart) nears completion.  Before bulls get excited, they’ll want to see the USDCAD close on a weekly basis above the weekly chart triangle resistance and the psychologically key 1.35 whole figure level. (full story)
FXC: 72.71 (-0.23)


Click to view report fvdorganic.pdf in PDF format (full story)


Click to view report fvddaily_move.pdf in PDF format (full story)


In our video, Jim Roemer postulates on the Pacific Ocean's next move... El Niño or "El Nada"? (full story)
JO: 50.46 (-0.59), SOYB: 28.01 (unch), ZSH23: 1530-2 (+10-4), ZSK23: 1522-6 (+9-0), ZSN23: 1513-4 (+7-4), ZSX23: 1373-6 (+3-0)


Click to view report fvdfob.pdf in PDF format (full story)


WASHINGTON, DC 8-FEB-2023 WA_FV102 ... (full story)


WASHINGTON, DC 8-FEB-2023 WA_FV101 ... (full story)


Click to view report fvdtomf.pdf in PDF format (full story)


YAKIMA Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service, USDA. Phone: (602) 557-0410 Fax: (602) Any questions or comments can be sent via email to:... (full story)


PHOENIX Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


April live cattle futures trade both sides unchanged on Wednesday after making new highs the prior four sessions. Lean hogs were able to stage a recovery rally. (full story)


Click to view report fvdtvmelon.pdf in PDF format (full story)


Today's USDA report was largely in line with expectations, keeping grains markets in their respective trading ranges. (full story)


PHOENIX Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


PHOENIX Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


PHOENIX Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


PHOENIX Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


Cotton futures rallied back to limit the midweek drop to 26 to 42 points across the old crop contracts. March was down by 149 points at the day’s low. The new crop contracts stayed in the red with 52 to 72 point losses on the day. Dec cotton is now... (full story)


Lean hog futures bounced by triple digits in the summer months on Wednesday, but are still down for the week after a drop on Monday. USDA’s National Average Base Hog price was $3.51 higher on Wednesday afternoon at $77.58. The CME Lean Hog Index was $73.51 on 2/06, up by... (full story)
HEG23: 75.925s (+0.550), HEK23: 93.825s (+1.175), KMG23: 81.800s (-0.150)


At the close on Wednesday, the live cattle futures market was mixed but within 22 cents of UNCH. Feb and April bounced to new contract highs on the day, but closed just 22 and 10 cents higher respectively. The other nearby contracts were slightly in the red at the bell.... (full story)
LEG23: 160.800s (+0.225), LEJ23: 163.700s (+0.100), LEM23: 159.775s (-0.025), GFH23: 186.450s (-0.750), GFJ23: 190.725s (-0.625)


Chicago wheat prices rallied double digits after the USDA data. March SRW closed on a 15 cent gain, just 1 1/2 cents off the day’s high. December SRW is now priced above $8/bu. Kansas City wheat futures settled with 6 1/2 to 10 1/4 cent gains on Wednesday, with March... (full story)
ZWH23: 768-4 (+3-6), ZWK23: 778-0 (+3-0), ZWPAES.CM: 7.0419 (+0.1454), KEH23: 893-4 (-2-4), KEPAWS.CM: 8.5666 (-0.0567), MWH23: 925-0 (-1-2)


A quieter report day from the USDA left soybeans fractionally to 4 1/2 cents higher at the close. Soybean meal also bounced on Wednesday, ending up by $0.50 to $2.30/ton. Soybean oil prices gave back 20 to 37 points on the day. The updated USDA cash average prices were 10c... (full story)
ZSH23: 1530-2 (+10-4), ZSPAUS.CM: 14.8655 (+0.0976), ZSK23: 1522-6 (+9-0), ZSN23: 1513-4 (+7-4)


March corn went from -1 1/4 to +5 1/2 cents, and the day settled up by 4 1/2 cents. March is now at a net 1c gain for the week so far. The other contracts closed higher on report day as well, with gains of 2 to 3 1/4 cents.... (full story)
ZCH23: 678-4 (unch), ZCPAUS.CM: 6.8204 (-0.0003), ZCK23: 675-6 (-0-4), ZCN23: 664-6 (-0-4)


FRESNO Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


SA_LS850 San Angelo, TX Wed Feb 08, 2023 USDA Market News National Sheep Summary for Wednesday, February 08, 2023 Compared to two weeks ago at Sioux Falls, SD slaughter lambs and ewes steady. Slaughter Lambs: Choice and Prime 2-3: Sioux Falls: wooled and shorn 110-150... (full story)


MIAMI Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


MIAMI Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


As the 2023 Indiana General Assembly session continues, Hoosier corn and soybean farmers are highlighting policy priorities that impact their operations. Indiana Soybean Alliance Membership and Policy Committee Chair Keevin Lemenager, a farmer from... (full story)


Commentary. Good old Punxsutawney Phil, the most popular rodent in America, saw his shadow on February 2, so we are all supposed to brace for another six weeks of winter. Yippee! For a few days, Groundhog Day was a trending topic on social media... (full story)


The USDA has confirmed Argentina’s crop production will be affected by drought, but it remains unclear whether Brazil or the United States will fill the demand void on the export market. Global Commodity Analytics and Consulting President Mike... (full story)


My prediction for the day was that a 5 wave move up from the 1/19 low to this weeks contract high is complete.  I made further recommendations to wrap up marketing's for April and get a heavy start on the June and August contracts. (full story)


FRESNO Shipping Point Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


REPORTING OFFICE: MCALLEN FEB 08 2023 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: TUE FEB 07 2023 *MODE IS TRUCK... (full story)


Click to view report lsddcbs.pdf in PDF format (full story)


WASHINGTON, DC 8-FEB-2023 WA_FV103 ... (full story)


Producers are a little more optimistic about the future of the ag economy, according to the latest Purdue University/CME Group Ag Economy Barometer. Jim Mintert is the director of the Purdue Center for Commercial Agriculture. “The Future... (full story)


Hogs bounce (full story)


Click to view report fvdidnop.pdf in PDF format (full story)


Click to view report lsdcbbs.pdf in PDF format (full story)


NW_LS410 Des Moines, IA Wed, Feb 08, 2023 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $245.75 $229.64 ... (full story)


July Wheat vs July Corn Examined (full story)


Click to view report lsddhps.pdf in PDF format (full story)


MD_DA840 Cheese - Western U.S. Report 6 - Released on February 08, 2023 In the West, domestic demand for cheese is mixed as some contacts are reporting steady sales into retail and food service markets and others relay softer cheese sales this week. Some ... (full story)


MD_DA440 Butter - Western U.S. Report 6 - Released on February 08, 2023 In the West plentiful cream volumes are readily available. Steady to higher cream demand continues. Cream multiplies contracted on the top end this week. Butter production is strong ... (full story)


MD_DA431 Butter - Central U.S. Report 6 - Released on February 08, 2023 Butter producers say demand is somewhere near meeting expectations. It is not gangbusters, but customers are coming back around after a somewhat slow start to the quarter. Production ... (full story)


REPORTING OFFICE: EL CENTRO FEB 08 2023 TRUCK, AIR, BOAT AND IMPORT SHIPMENTS FOR: TUE FEB 07 2023 *MODE IS TRUCK... (full story)


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