Morning Thoughts – July 24

Morning Thoughts – July 24

by | Jul 24, 2017 | Nesvick Trading Group

Crops – Markets sharply lower this morning largely due to a wet look to the QPF maps as shown above.  It also helps that rainfall totals from the systems late last week didn’t “bust” like some earlier events have. Still, as I look at the current...
Morning Thoughts – July 18

Morning Thoughts – July 18

by | Jul 18, 2017 | Nesvick Trading Group

Crops – Following the discussion yesterday on new crop export demand prospects, I realized I have been so focused on weather and conditions lately that I haven’t really been paying attention to old crop demand figures recently.  I decided to look closely at...
Morning Thoughts – July 13

Morning Thoughts – July 13

by | Jul 13, 2017 | Nesvick Trading Group

Crops – No major remarks to make following yesterday’s USDA report deluge.  For the most part, things fell pretty close inline with our expectations yesterday.  I didn’t get everything right of course, but generally speaking things trended as expected. One thing...
Morning Thoughts – July 7

Morning Thoughts – July 7

by | Jul 7, 2017 | Nesvick Trading Group

Energy – Fairly constructive inventory figures yesterday for crude oil, yet futures could not hold their gains.  I suspect there is a wide assortment of reasons for the late day weakness, including but not limited to: 1) More EV articles yesterday 2) US crude...
Morning Thoughts – July 6

Morning Thoughts – July 6

by | Jul 6, 2017 | Nesvick Trading Group

Energy – Crude oil futures are positing a modest bounce this morning following yesterday’s smackdown off the 50-day MA.  This could be partly due to the above-mentioned saber-rattling, which is often times supportive for crude oil.  Additionally, yesterday’s API...