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Wednesday, April 24, 2024  
 
 

Commentary



Noon Market News

 
Market Insider Closing Commentary
 

MIDWEST MARKET SOLUTIONS
April 23, 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:

-US winter wheat conditions decline more than expected
-US corn/soybean early planting a bit ahead of average
-Ukraine wheat crop ideas ticked lower but still above "official" estimate
-Western KS forecast remains mostly dry
-EU soft wheat yield ideas up slightly vs last year
 
 
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 -0'4 442'4 442'6 443'4 442'2 443'0 12:14A Chart for @C4K Options for @C4K
Jul 24 -0'2 452'2 452'2 453'0 451'6 452'4 12:14A Chart for @C4N Options for @C4N
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
May 24 2'6 1170'2 1166'4 1172'2 1165'6 1167'4 12:15A Chart for @S4K Options for @S4K
Jul 24 2'0 1184'0 1181'0 1186'0 1180'2 1182'0 12:15A Chart for @S4N Options for @S4N
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
May 24 7 3459 3452 3464 3449 3452 12:14A Chart for @SM4K Options for @SM4K
Jul 24 6 3467 3458 3473 3457 3461 12:14A Chart for @SM4N Options for @SM4N
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
May 24 -3'6 581'2 583'2 584'4 580'2 585'0 12:15A Chart for @W4K Options for @W4K
Jul 24 -4'0 598'6 600'6 602'4 598'0 602'6 12:15A Chart for @W4N Options for @W4N
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
May 24 0'4 609'2 608'0 612'4 607'4 608'6 12:15A Chart for @KW4K Options for @KW4K
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
May 24 -3'4 663'0 665'4 667'0 661'0 666'4 12:10A Chart for @MW4K Options for @MW4K
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Apr 24 - 0.475 183.250 183.700 184.375 181.550 183.350s 04/23 Chart for @LE4J Options for @LE4J
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
May 24 1.875 98.375 97.050 98.975 96.800 98.575s 04/23 Chart for @HE4K Options for @HE4K
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Jun 24 20.25 5126.75 5115.25 5127.25 5111.50 5106.50 12:14A Chart for @ES4M Options for @ES4M
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Apr 24 0.850 243.600 243.400 244.350 243.100 243.750s 04/23 Chart for @GF4J Options for @GF4J
May 24 0.875 246.000 245.225 246.975 244.375 246.050s 04/23 Chart for @GF4K Options for @GF4K
Aug 24 0.925 259.300 258.500 260.625 257.675 259.400s 04/23 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: 53oF Feels Like: 53oF
Humid: 90% Dew Pt: 50oF
Barom: 30.06 Wind Dir: N
Cond: N/A Wind Spd: 3 mph
Sunrise: 6:25 Sunset: 7:56
As reported at Highland Springs, MO at 12:00 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.
 
Distribution in some jurisdictions may be prohibited or restricted by law. Persons in possession of this communication 
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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