The attorneys general in seven states want to know why the EPA has failed to write year-round E15 regulations as required by the Clean Air Act. Seven Midwestern states informed the EPA of their frustration in a letter to Administrator Michael Regan... (full story)

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

8O_LS800 Oklahoma City, OK Mon Jan 30, 2022 USDA-OK Dept Ag Market News The Oklahoma National Stockyards is estimating 2,750 head of feeder cattle and calves for the sale Monday 01/30/2022. Source: USDA Market News Service, Oklahoma City, Ok Joe Massey ... (full story)

Cotton futures are lower by 90 points to a penny so far for the new week. The front month cotton futures market went into the weekend with 34 to 61 point losses on Friday. For March, that meant a 19 point gain Friday to Friday. December cotton futures were 91... (full story)

Dalian Live Hog Prices fell sharply after the Lunar New Year break. Futures were 315 to 790 yuan/MT lower in the front months on Monday. The back months held firm on limited volume and OI, with Jan ’24 closing up by 450 yuan/MT. Hog futures were mixed on Friday, with... (full story)
HEG23: 75.875s (-1.150), HEK23: 94.925s (+0.075), KMG23: 83.675s (-0.700)

Fat cattle finished out the week of trading with 12 to 40 cent gains on Friday. For Feb, that left the board at a net 10 cent gain for the week, while April was up by 90 cents Friday to Friday. USDA confirmed some light catch up business in the... (full story)
LEG23: 156.725s (unch), LEJ23: 160.825s (+0.300), LEM23: 157.775s (+0.400), GFH23: 183.475s (+0.625), GFJ23: 187.550s (+0.550)

Wheat prices began the new week with double digit gains in the KC market. On Friday, SRW futures closed with 1 3/4 to 2 3/4 cent losses. The hard red wheats extended their premiums as KC rallied 1 3/4 to 5 cents on the day and MPLS gained 1 1/2... (full story)
ZWH23: 753-2 (+3-2), ZWK23: 762-2 (+3-4), ZWPAES.CM: 6.9588 (-0.0244), KEH23: 874-4 (+5-2), KEPAWS.CM: 8.3937 (+0.0525), MWH23: 919-4 (-2-0)

Nearby soy contracts are trading higher out of the weekend, with beans up by as much as 21 cents, meal up by $6.10 to $9.30/ton, and BO gaining at least 80 points in the front months. Beans were 14 cents weaker in the March contract and a dime in the... (full story)
ZSH23: 1526-0 (+16-4), ZSPAUS.CM: 14.8819 (+0.1627), ZSK23: 1520-0 (+15-4), ZSN23: 1510-4 (+14-4)

Out of the weekend and headed for the day session, the corn futures market is sitting near the overnight highs on 3 to 4 1/4 cent gains across the front months. The March corn contract ended Friday with a fractional gain, while the other nearby contracts went home 2 1/4... (full story)
ZCH23: 682-4 (-0-4), ZCPAUS.CM: 6.8525 (-0.0047), ZCK23: 679-6 (-0-2), ZCN23: 666-0 (+0-2)

AJ_PY034 Atlanta, GA Mon. Jan 30, 2023 USDA Market News Daily 5-Day Weighted Average Trailer Load Egg... (full story)

AJ_PY029 Atlanta, GA Mon. Jan 30, 2023 USDA Market News Daily Weighted Average Trailer Load Egg Sales ... (full story)

NW_PY032 Des Moines, IA Mon. Jan 30, 2023 USDA Market News Weekly Canadian Eggs ... (full story)



The Chart of the Day belongs to the Tex-Mex restaurant chain Chuy's (CHUY). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature... (full story)
CHUY: 33.30 (-0.42)

Earnings season continues in earnest this week with big name tech companies in focus. The Nasdaq 100 Index ($IUXX) (QQQ) has been outperforming in recent weeks, so earnings for Amazon, Apple, Alphabet, Advanced Micro Devices and Meta Platforms could have a big bearing on market direction this week. (full story)
QQQ: 293.18 (-3.08), AMZN: 101.70 (-0.54), AAPL: 145.07 (-0.86), GOOGL: 98.09 (-1.28), AMD: 74.78 (-0.62), META: 149.93 (-1.81), PFE: 43.68 (-0.11), ET: 13.38 (+0.02), AMC: 5.29 (-0.22), LVS: 57.50 (-1.42), INTC: 27.71 (-0.45), PYPL: 80.65 (-1.18), TSLA: 179.80 (+1.90)

Missed a recent article by Jon Scheve? Get it sent to you directly every week. Send a request by email:  jon@superiorfeed.com Market Commentary for 1/27/23 ... (full story)
ZCH23: 682-4 (-0-4), ZSH23: 1526-0 (+16-4), ZWH23: 753-2 (+3-2)

On Friday the markets rose due to good results on Pending Home Sales. Will this continue today? (full story)

March S&P 500 futures (ESH23) are trending down -0.88% this morning after three major U.S. benchmark indices ended higher on Friday as further signs of cooling inflation bolstered hopes that the Federal Reserve will reduce its pace of aggressive monetary tightening. (full story)
ESH23: 4,050.00 (-34.25), AMZN: 101.70 (-0.54), AAPL: 145.07 (-0.86), GOOGL: 98.09 (-1.28), META: 149.93 (-1.81), EW: 76.70 (-1.44), KSS: 30.60 (-0.89), CNEY: 0.9900 (-1.1800), LMT: 463.00 (+3.40), ILMN: 214.03 (+1.25)

Click to view report AMS_2186.pdf in PDF format (full story)

Click to view report AMS_2063.pdf in PDF format (full story)

Click to view report AMS_1907.pdf in PDF format (full story)

Soybean (ZSF23) is edging higher to start the week, and appears poised to retest the January high this week.  With ZS comfortably closing last week above the psychologically key 1500 whole figure level, odds are rising and elevated for a test of the June 2022 high sometime by or on the day of the next highly anticipated WASDE February 8.  (full story)
ZSF23: 1538-2s (+8-6), SOYB: 27.83 (-0.07)

Click to view report AMS_2005.pdf in PDF format (full story)

Stocks were higher this week with SP500 futures trading close to 4100 area; still, a strong potential technical resistance where we are aware of a new turndown, especially if USD will recover. One of the reasons for higher stocks last week came after BoC announced a pause with interesting rate hikes, and usually, this BoC was one of the first banks with policy changes. (full story)

The broader market finished last week up over 2% with some tech names leading that charge. Tesla (TSLA) came to mind with a breathtaking 30% rally last week. That stock is up over 60% in the last month, truly an amazing rally after the beatdown it took at the end of last year. (full story)
TSLA: 179.80 (+1.90), SPY: 402.68 (-3.00), DIA: 337.94 (-1.67), QQQ: 293.18 (-3.08), XOM: 115.14 (-0.47), PFE: 43.68 (-0.11), UPS: 181.00 (-1.09)

Gold outperformed stocks, bonds, real estate, and cryptocurrencies in 2022, posting a marginal loss for the year. The precious yellow metal came out of the gate with a bullish run in early 2023 and has held most of its gains. (full story)
GCG23: 1,928.7 (-0.7), ZBH23: 129-20 (-0-17), GDX: 32.22 (-0.09), GDXJ: 39.38 (-0.11), GLD: 179.28 (+0.06)

Microsoft reported another stellar earnings quarter on Jan. 24, 2023, for its fiscal Q2 ending Dec. 31. This is attracting investors in out-of-the-money short put investors in income plays. (full story)
MSFT: 244.48 (-3.68), GOOG: 99.26 (-1.45)

Fundamental news feels like it is growing stale, but corn has me thinking about Robert Frost poetry... (full story)

March soybean futures close 14 cents lower on Friday. Oliver Sloup examines how Brazilian harvest estimates and export sales data have impacted the market. How are Funds Positioned in Ag? Corn Managed funds were net buyers of... (full story)
ZCH23: 682-4 (-0-4), ZSH23: 1526-0 (+16-4), ZWH23: 753-2 (+3-2)


USDA Cattle Inventory on Tues; FOMC rate decision on Wed (full story)

Bank of America (BAC) is emerging from a bullish inverted head and shoulder pattern, and any breakout from $38 will be viewed as a positive development. Higher interest rates are a sign of strength for BAC stock. (full story)

The weekly Commitments of Traders report showed fund selling in a lot of agricultural commodities. A few stick out to us. Oliver Sloup breaks down Friday's action in the Ag markets in his weekly CME commentary. (full story)

Click to view report AMS_1853.pdf in PDF format (full story)

Click to view report AMS_2194.pdf in PDF format (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)

How do you keep yourself from committing the cardinal sin of panic-selling? We talk to a portfolio manager about where to find stability and income, which should help you keep your cool. (full story)
DIVZ: 29.25 (-0.07), CME: 175.68 (-1.09), JNJ: 167.90 (-0.33), ABBV: 145.89 (-0.39), VZ: 40.50 (-0.14)

The Iowa Department of Natural Resources is reporting an uptick in elk sightings throughout the state. The DNR’s Mick Klemesrud tells Brownfield elk have certainly been seen in Iowa before, but it seems to be happening more frequently. “We’re... (full story)

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

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

WASHINGTON, DC 27-JAN-2023 WA_FV101 ... (full story)

WASHINGTON, DC 27-JAN-2023 WA_FV102 ... (full story)

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

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

PHOENIX Shipping Point Prices as of 27-JAN-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)