Headlines


Retailers are in focus this week with Walmart (WMT), Target (TGT), Lowe’s (LOW) and Home Depot (HD) all reporting earnings. (full story)


Corn (ZCZ22) is consolidating Friday’s surge post-WASDE, catching its breath before trying to challenge the July high.  With ZC unable to slide back to the psychologically key 600 whole figure level immediately following Friday’s WASDE, ZC is making progress with its higher major low that began in July, coinciding with the 50% Fib retrace of the April 2020 to April 2022 bull market (as can be seen on tradingview.com).  (full story)


Cooper Standard Long Thesis (full story)


Executives for Producer Owned Beef, LLC, said Wednesday, Aug. 10, they expect to break ground next year on a 3,000 head beef packing facility in Amarillo. During a ceremony in downtown Amarillo, the group announced it has been awarded $12.2... (full story)


The uptrend may be expected to continue, while market is trading above support level 143,40, which will be followed by reaching resistance level 147 – 148,70 (full story)


The uptrend may be expected to continue, while market is trading above support level 176,875, which will be followed by reaching resistance level 193 (full story)


The uptrend may be expected to continue, while market is trading above support level 97,10, which will be followed by reaching resistance level 109,925 (full story)


The uptrend may be expected to continue, while market is trading above support level 796, which will be followed by reaching resistance level 845 and if it keeps on moving up above that level, we may expect the market to reach resistance level 940 (full story)


The downtrend may be expected to continue, while market is trading below resistance level 658, which will be followed by reaching support level 587 and 561 (full story)


The uptrend may be expected to continue, while market is trading above support level 1418, which will be followed by reaching resistance level 1489 – 1507 and if it keeps on moving up above that level, we may expect the market to reach resistance level 1592 (full story)


The uptrend may be expected to continue, while market is trading above support level 395, which will be followed by reaching resistance level 440 (full story)


The downtrend may be expected to continue, while market is trading below resistance level 92.70, which will be followed by reaching support level 85.41 and if it keeps on moving down below that level, we may expect the market to reach support level 76.98 (full story)


The uptrend may be expected to continue, while market is trading above support level 8,480, which will be followed by reaching resistance level 9,664 (full story)


An downtrend will start as soon, as the market drops below support level 4188, which will be followed by moving down to support level 3950 (full story)


The uptrend may be expected to continue, while market is trading above support level 1920, which will be followed by reaching resistance level 2100 (full story)


The downtrend may be expected to continue, while market is trading below resistance level 1824,6, which will be followed by reaching support level 1696 (full story)


The downtrend may be expected to continue, while market is trading below resistance level 1,0428, which will be followed by reaching support level 1,0134 and 1,0000 (full story)


The downtrend may be expected to continue, while market is trading below resistance level 0,7830, which will be followed by reaching support level 0,7645 (full story)


The downtrend may be expected to continue in case the market drops below support level 119,07, which will be followed by reaching support level 117,08 (full story)


ChargePoint Holdings has had an unusually high put and call option volume ahead of its earnings release on Aug. 30. This could potentially imply a bullish stock run in the next week when the calls expire. (full story)


With the equities sector again bouncing higher this past week, positive sentiment has returned. Nevertheless, investors still need to be on watch for these key themes this week. (full story)


TOP50’sTOP10 (MATICUSD, AVAXUSD, BNBUSD, ETHUSD, ATOMUSD, XTZUSD, DOTUSD, SOLUSD, FTTUSD, BTCUSD) (full story)


Spot quotations were 376 points higher than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, […] (full story)


Harvest is in full swing now, and seeing rice come into the barn is a great success. Texas and Louisiana have reached what most agree is the halfway point, and […] (full story)


Delivery to market of the 2022 flue-market began this past week, and the early response was favorable. It appears to be a good crop, with better than average quality and […] (full story)


2021/22 Taiwan corn imports from South Africa already reach just over 650,000 tons between October 2021 and May 2022, more than double last year’s annual total from the market. Imports […] (full story)


Bangladesh is expected to import rice in large quantities for the next few months, more than doubling the 2022 estimate to 650,000 tons this month. On June 23, the government […] (full story)


Global wheat production is forecast up this month by nearly 8.0 million tons from July to a record 779.6, resulting in a slight year-over-year increase from 2021/22. While China, the […] (full story)


On July 22, 2022, delegations from Ukraine, Turkey, Russia, and the United Nations signed an agreement to provide safe passage for grains from select Ukrainian ports (Odesa, Chornomorsk, Pyvdenny), offering […] (full story)


Global rapeseed production is forecast higher, primarily based on a significant recovery in Canada. Production is up nearly 15 percent from last year with Canada up nearly 60 percent, rebounding […] (full story)


2021/22 U.S. exports are estimated to have fallen more than 1.7 million bales from the previous year to 14.7 million bales, owing to less exportable supplies. Despite higher production, beginning […] (full story)


General Status It is sad to say that the last 10 days have been some of the wettest / moistest /coolest of the official summer season. Still, I estimate that […] (full story)


Click to view report AMS_1880.pdf in PDF format (full story)


Click to view report AMS_2192.pdf in PDF format (full story)


Click to view report AMS_2212.pdf in PDF format (full story)


Silver tends to be far more volatile than gold. While gold reached a low on July 21 and reversed, silver reached its most recent bottom on July 14, 2022. Since mid-July, silver has outperformed gold on a percentage basis which tends to be a bullish sign for the precious metals. (full story)


China imports, Ukraine Exports, CPI, PPI, Weather (full story)


  Above: The initial reaction for soybeans following Friday's USDA report was lower, but prices managed to bounce back into the close. Sign Up for Blue Line Futures Below:  Live cattle futures gave back some ground on Friday, but... (full story)


The initial reaction for soybeans following Friday's USDA report was lower, but prices managed to bounce back into the close. Live cattle futures gave back some ground on Friday, but overall had a decent week. (full story)


The Inflation Reduction Act is headed to President Biden’s desk for signature. The legislation passed the U.S. House on Friday on a strict party-line vote, 220-207. The bill aims to expand climate-related farming practices, increases investments in... (full story)


Click to view report fvdorganic.pdf in PDF format (full story)


Click to view report fvddaily_move.pdf in PDF format (full story)


In this month’s 2022/23 U.S. cotton projections, beginning stocks are slightly larger, and a nearly 3-million-bale decrease in production results in lower exports, mill use, and ending stocks. Beginning stocks […] (full story)


U.S. soybean supply and use changes for 2022/23 include higher beginning stocks, production, exports, and ending stocks. Beginning soybean stocks are raised on lower 2021/22 exports. Soybean production for 2022/23 […] (full story)


The outlook for U.S. rice in 2022/23 this month is for increased supplies, unchanged domestic and residual use and exports, and higher ending stocks. Supplies are raised on higher production […] (full story)


This month’s 2022/23 U.S. corn outlook is for lower supplies, reduced feed and residual use, slightly higher food, seed, and industrial use, smaller exports, and lower ending stocks. Projected beginning […] (full story)


The outlook for 2022/23 U.S. wheat this month is for increased supplies, higher domestic use and exports, and reduced stocks. Supplies are raised on higher production with all wheat production […] (full story)


Crop and Pest Situation Cotton has caught a bit of fresh air this week with more moderate temperatures and some scattered rain showers. No doubt irrigation applications made more headway […] (full story)


Not much has changed over the past week with the cotton situation. We are still fighting bugs in some fields statewide, while other fields are relatively clean. A little cotton […] (full story)