Morning Thoughts – Dec 14

Morning Thoughts – Dec 14

by | Dec 14, 2016 | Nesvick Trading Group

Financial – Equities have seen a lot of attention since the election, and for good reason.  They’ve matched to new all time highs on strong volume and we’ve also seen massive sector rotation in the process.  However I want to take a look at the bond market today...
Morning Thoughts – Dec 13

Morning Thoughts – Dec 13

by | Dec 13, 2016 | Nesvick Trading Group

Grains – While soyoil/biodiesel has been the largest beneficiary of news related to RFS mandates, corn/ethanol trade is starting to get my attention here lately.  While it has gone largely unnoticed by many, ethanol prices are absolutely en fuego lately.  The...
Morning Thoughts – Dec 12

Morning Thoughts – Dec 12

by | Dec 12, 2016 | Nesvick Trading Group

Grains – On Thursday Brazil’s Conab issued a soybean production estimate of 102.4 mmt, and Friday WASDE followed along maintaining their 102 mmt production estimate.  I thought it might be worth pointing out that both of these estimates seem to be implying a...
Morning Thoughts – Dec 7

Morning Thoughts – Dec 7

by | Dec 7, 2016 | Nesvick Trading Group

Grains – Census trade numbers for October were released yesterday, and considering the discrepancy between inspections and Census figures caused some confusion for some last marketing year, it might be worth reviewing these in more detail going forward. We’ll...
Morning Thoughts – Dec 6

Morning Thoughts – Dec 6

by | Dec 6, 2016 | Nesvick Trading Group

Grains – IMEA, the state ag agency of Mato Grosso in Brazil, released their first projection for soybean yields yesterday afternoon.  They estimated yields at a record 54 bags/hectare, which would be up from their estimate of 49.8 bags/ha last year.  They...