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Tuesday, April 23, 2024  
 
 

Commentary



Noon Market News

 
Market Insider Closing Commentary
 

MIDWEST MARKET SOLUTIONS
April 22, 2024
by: Brian Hoops, President
www.midwestmarketsolutions.com
follow us on twitter @MidwestMarkets
417-501-5132
Midwest Market Solutions is the leading edge in commodity marketing and trading and is widely recognized as one of the top marketing advisory and brokerage firms in America.

HEADLINES:

-Models mixed on KS coverage of expected weekend rains
-Russia raises grain export quota for remainder of 2023/24
-IKAR raises Russian wheat export estimate
-Funds heavy sellers of SBO in latest CFTC data - near record short in soybeans
-Friday's Cattle on Feed report lower than expected
 
 
COVERED IN TODAY'S DAILY NEWSLETTER:

- Grain and Livestock Technicals
- Grain Fundamentals
- Daily Export Announcements
- Fund Activity
- Overnight Trade
- Cattle Fundamentals
- FCE Online Auction
- Cash Cattle Trade 
- Lean Hog Fundamentals
- Weather


HIGHLIGHTS OF THIS WEEK'S MARKET INSIDER NEWSLETTER:

- Grain & Livestock Fundamentals
- Weekly Crop Progress and Conditions Report

- Weekly Export Inspections and EIA Reports
- COT Report
- Cash Cattle Trade and Outlook
- Latest News

Click here to to read more info.
 
 

Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
May 24 0'6 440'4 439'2 442'4 439'0 439'6 04:59A Chart for @C4K Options for @C4K
Jul 24 0'4 450'2 449'4 452'4 448'6 449'6 04:59A Chart for @C4N Options for @C4N
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
May 24 2'4 1163'4 1161'0 1169'0 1158'0 1161'0 04:59A Chart for @S4K Options for @S4K
Jul 24 2'2 1178'6 1176'4 1184'2 1173'2 1176'4 04:59A Chart for @S4N Options for @S4N
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
May 24 10 3453 3440 3466 3436 3443 04:59A Chart for @SM4K Options for @SM4K
Jul 24 5 3453 3447 3467 3442 3448 04:59A Chart for @SM4N Options for @SM4N
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
May 24 7'2 577'4 572'0 584'2 567'6 570'2 04:59A Chart for @W4K Options for @W4K
Jul 24 7'4 595'0 588'0 601'4 584'6 587'4 04:59A Chart for @W4N Options for @W4N
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
May 24 6'0 603'4 598'2 609'4 598'2 597'4 04:59A Chart for @KW4K Options for @KW4K
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
May 24 7'4 663'2 655'0 664'2 654'6 655'6 04:59A Chart for @MW4K Options for @MW4K
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Apr 24 2.350 183.950 181.900 184.000 181.900 183.825s 04/22 Chart for @LE4J Options for @LE4J
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
May 24 0.475 96.750 96.100 97.000 96.000 96.700s 04/22 Chart for @HE4K Options for @HE4K
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Jun 24 2.75 5050.25 5051.00 5059.00 5037.75 5047.50 04:58A Chart for @ES4M Options for @ES4M
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Apr 24 1.575 242.750 242.000 242.975 241.725 242.900s 04/22 Chart for @GF4J Options for @GF4J
May 24 3.175 244.825 243.650 246.350 243.500 245.175s 04/22 Chart for @GF4K Options for @GF4K
Aug 24 4.975 258.075 256.000 259.500 255.675 258.475s 04/22 Chart for @GF4Q Options for @GF4Q
My Custom Markets
Symbol Change Last Open High Low Close Time More


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National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 50oF Feels Like: 46oF
Humid: 64% Dew Pt: 38oF
Barom: 29.97 Wind Dir: S
Cond: N/A Wind Spd: 10 mph
Sunrise: 6:26 Sunset: 7:55
As reported at Highland Springs, MO at 4:00 AM
View complete Local Weather

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  This material has been prepared by a sales or trading employee or agent of Midwest Market Solutions and is, or is in the nature of, a solicitation. This material is not a research report prepared by Midwest Market Solution’s Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.
 
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indirectly should inform themselves about and observe any such prohibition or restrictions. To the extent
that you have received this communication indirectly and solicitations are prohibited in your jurisidiction
without registration, the market commentary in this communication should not be considered a solicitation. 
 
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