Australian (ASX) Stock Market Forum

Grain Futures - Corn, Wheat, Bean complex

Globally not only gold but also corn, maize and soybean are not beautiful as before. They were really beautiful in 2012 and broke some of the all time highs. Now they are looking for bottom. We have to wait and see. I think it is time to identify next beautiful things in commodity and stock market. At different times different stocks and commodities can become more beautiful than others.

http://www.bloomberg.com/news/2013-...w-as-soybeans-drop-on-stockpiles-outlook.html

Soybeans Drop to 17-Month Low on Slack Demand; Corn, Wheat Fall


http://www.reuters.com/article/2013/07/26/usa-corn-idUSL1N0FV2FV20130726

UPDATE 1-US cash corn bids tumble from lofty levels after soy drops

http://sg.finance.yahoo.com/news/indian-soybean-futures-down-prospect-092917570.html

Indian soybean futures down on prospect of higher output

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites.
 
Chicago Board of Trade soybean futures prices could fall in 2014 due to big plantings in the United States that will lead to a huge crop and bumper harvests by key South American producers. Other countries such as Asia and Africa too like to plant more corn (Maize) and soya bean now. As a result of this we could see lower grain prices in the medium run. Global soya and corn inventories could get boost in 2014. Commodities such as corn, soya and wheat could struggle with expected rising stocks.
It is going to be a pretty tough road for above commoditise during next couple of years. Wheat demand could go up in the medium term when consumers try to substitute wheat for rice. Rice priced too could come down.

http://www.insidefutures.com/article/1151536/Where Are The Grains Headed.html

Where Are The Grains Headed

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions. Please note that I do not endorse or take responsibility for material in the above hyper-linked site.
 
An old thread, but worth a renewed look. I've missed the recent rallies in the grains as they started just before I started the Part 3 momentum trade book thread.

However I decided to not take the BO on this wheat chart as price has rallied a lot. Well price boomed after news of poor weather in Argentina looks likely to reduce their wheat crops.

I'll do an occasional trade in soft commodity markets to demonstrate the availability of these markets.
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