Latest AFS Market Research

Grains

Grain Support Resistance Levels - Nov 17
by Chris Koval - Check out today's grain support and resistance levels featuring corn, soybeans and wheat​. Download PDF

Are Corn and Soybeans Bottoming?  Nov 16
by Chris Lehner - Corn and soybean futures don’t need to drop much more because current cash prices and futures are bear spread.

Think Outside The Bin   
Nov 10
by Tim Smith - The most straightforward re-ownership strategy is to simply sell cash grain and simultaneously buy futures.

Is it Time to Buy Corn and Soybean call Options?  Nov 3
by Chris Lehner - Farmers are accommodating what buyers want and are going to store more corn and soybeans than they did for the 2016/2017 crop year and stored for 2015/2016 crops.

Are the Lows for Soybean Prices in Place?
by Dennis Smith - The improving growth of the global economy is good news for soybean producers. Oct 13

Options Expiration in the Grain Markets Sept 22
by Matthew Krupski - The mechanics of hedging the quickly changing option deltas and the subsequent unwinding of those hedges once the options expire can influence the movement of the underlying futures market.

Corn Stuck in Neutral Sept 15
by Patrick Garrity - During the month of August, corn prices steadily declined, losing 40 cents until gaining a quarter of it back on the last day of the month.

Soybean Hedges Are Recommended Ahead of USDA Report Sept 8
by Dennis Smith - Projected U.S. ending stocks at 475 million bushels is the second largest ending stock figure in over twenty years.  

How Much Lower for Corn Prices? Aug 18
by Dennis Smith - Larger crop size than expected in the face of shrinking demand left ending stocks 300 million bushels larger than expected.

Upside Breakout in Corn Fails
by Patrick Garrity - The corn market finally broke out of its trading range to the upside only to falter rather quickly. June 16

Energies

Technical Trading Cards Daily - Nov 17
by Steve Platt & Mike McElroy - Check out today’s support and resistance, moving averages and other pertinent numbers for the energy complex featuring crude oil, natural gas and heating oil. Download PDF
 
Energies Brief ​- ​Nov 17
by Steve Platt & Mike McElroy - The Petroleum complex traded in a firm fashion with values attracting good buying in the nearbys and in the nearby switches. Download PDF

Crude Oil Divergence Aug 18
by Matthew Krupski - Crude oil inventories and prices have exhibited interesting behavior over the past five months.

Crude Fundamentals 

by ​Teddy Sloup -  Crude oil has been very interesting over the last month. June 23
 
The Curious Case for the WTI Brent Spread (March 17)
by Matthew Krupski - WTI has historically traded at a premium to Brent. Download Report
 
What's Next For Crude (January 6)
by Blake Robben - Demand ​could outstrip supply by approximately 1.5 million barrels per day. 
Download PDF
 
Weekly Department of Energy Report

by Steve Platt & Mike McElroy -  The weekly Department of Energy brief features Crude Oil, Heating Oil and Gasoline tables on stocks, imports, demands and much more.​ Nov 15

Weekly Natural Gas Report 

by Steve Platt & Mike McElroy -  See what this week’s stats are for Natural Gas as reported by the Energy Information Agency.​  Nov 16

Livestock

Livestock Report (​​November 16)
by Dennis Smith - Lean Hogs Poised for Further Upside Correction Download PDF

What might happen when US exports of Beef to China takes place
by Chris Lehner - When and if China begins to buy US beef, cattle producers know it will be price positive. June 14

Financials | Indices | Currencies | Softs | Metals

Financials Forecast Daily - Nov 16
by Alan Bush - Stock Index Futures Rebound Download PDF

Gold Still Stuck  Nov 16
by Teddy Sloup - December gold futures saw yet another massive rejection.

Is Gold About to Shake Free?   Nov 10
by Teddy Sloup - December gold futures are trading about as sideways as sideways gets.

Introducing the NYSE FANG + Index   Nov 3
by Blake Robben The term FANG was coined earlier this year after popular tech stocks Facebook, Amazon, Netflix and Google. The ICE Exchange has added Apple, Baidu, Alibaba, Twitter, Tesla and Nvidia to the Index.

Surprise Halloween Scare on Tap From The Fed?  Oct 27
by Matthew Krupski -  Who will be the next FOMC chair and how will their philosophy of policy decisions differ from Chair Yellen.

Gold Futures Turning Friendly Oct 20
by Teddy Sloup - December gold futures have turned slightly friendly despite last week’s false breakout above $1300.

Silver Upside Sept 8
by Teddy Sloup - The silver market has been anything but explosive.

Stock Index Futures Advance Even Though Political Worries Abound
by Alan Bush - Traders are placing too much emphasis on the political news. July 14

Silver Futures Trending
by Teddy Sloup - September Silver is at an interesting crossroad for traders.  July 7

Trading The June Fed Meeting
by Matt Krupski - The U.S. Federal Open Market Committee has a scheduled meeting next week, June 13th and 14th. June 9

USDA SUPPLY/DEMAND REPORT (Nov 9)

USDA 1  USDA 2  USDA 3

US OCT UNEMPLOYMENT (Nov 3)

US Oct Unemployment

US Q3 GDP

US Q3 GDP