Morning Market Talk Below, you will find today’s installment of Morning Market Talk. You can copy and paste the link below for this morning’s episode. https://youtu.be/8F_oPKKsBiw?si=RRrviZYwU2w87YQF On the Grains Corn and soybeans are under pressure early this morning, while the wheat markets are also starting to weaken. Wheat futures are still working on weekly gains, led by SRW contracts, while soybeans are near unchanged for the week and corn is lower. Grain and soy markets are quiet compared to the sharp drop in gold and silver overnight, which were in part pressured by a firmer dollar as President Trump plans to nominate Kevin Warsh as his choice for next Fed chair. Warsh, who served on the Fed’s Board of Governors from 2006 to 2011 and has advised Trump on economic policy, would still need Senate confirmation after being selected by Trump. The dollar firmed overnight amid speculation Warsh may be less enthusiastic to cut rates than other candidates given his past warnings of inflation risks and more recent calls for the Fed to reduce its balance sheet. However, he has more recently echoed Trump’s criticism of the Fed for being too slow to ease monetary…
Register
Futures trading involves risk. The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not indicative of future results.
Trading advice is based on information taken from trades and statistical services and other sources that CommStock Investments believes to be reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice.
There is no guarantee that the advice we give will result in profitable trades.
The views and opinions expressed in this newsletter are those of the author and do not reflect those of R.J. O'Brien & Associates LLC. This report may contain political opinions as well as market opinions and commentary. Any content provided by Commstock Investments or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything.
207 Main St · PO Box 229 · Royal, IA 51357