Headlines


Was the climatic run in S&P 500 after the FOMC last week a topping pattern or a sign of strength? Find out how to use the Wyckoff method with volume spread analysis to interpret (full story)
SPY: 412.21 (-2.98), QQQ: 306.01 (-3.87), DIA: 340.47 (-1.05), IWM: 193.56 (-2.02), ESH23: 4,149.25 (-26.50)


(full story)


Bill Baruch talks the latest in gold and silver. (full story)


Bill Baruch breaks down the latest with crude oil. (full story)


E-mini S&P (March) / NQ March (full story)


NW_PY041 Des Moines, IA Wed. Feb 08, 2023 USDA Market News Daily Central Region Breaking Stock ... (full story)


Food and energy prices continue to be a pain point for America’s farmers and ranchers. During his State of the Union Address Tuesday night, President Biden says inflation is improving across the country. “Here at home gas prices are down $1.50... (full story)


Powell delivered, and didn‘t trip the bulls - S&P 500 merely tried to shake out the weak hands, but you were ready through my habitual live coverage on Twitter, as to what to expect. The premarket consolidation is neither unexpected nor concerning – and market breadth data will catch up, even if only after the consumer confidence data Friday. (full story)


COLUMBIA Terminal Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


COLUMBIA Terminal Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


COLUMBIA Terminal Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


COLUMBIA Terminal Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


COLUMBIA Terminal Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


COLUMBIA Terminal Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


COLUMBIA Terminal Prices as of 08-FEB-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


(full story)


Groups representing the pork sector are continuing to prioritize foreign animal disease prevention and preparedness in 2023. National Pork Board CEO Bill Even says late last year they sent a group of producers, veterinarians and USDA officials to... (full story)


(full story)


(full story)


(full story)


Comparatively few farmers are actively considering a carbon contract and the vast majority of them want a higher payment per acre than was being offered, said the monthly Ag Economy Barometer on Tuesday. Growers commonly said they were offered... (full story)


Unusual stock options volume may offer insights for retail investors seeking an edge on what certain market ideas may do next. (full story)


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


RA_PY002 Raleigh, NC Wednesday, February 08, 2023 USDA-NC Dept of Ag Market News N.C. BROILER-FRYERS: The market tone is steady and the live supply is adequate to meet the moderate demand. Average weights are mostly desirable. The estimated slaughter for Wednesday in North... (full story)


RA_FV001 Raleigh, NC-Summary of Farmers' Market Prices in North Carolina Provided by: Fruit & Vegetable Market News Office Federal-State Market News Office - Raleigh, NC Phone: 919-707-3156 Internet Address: http://www.ncagprices.org STATE FARMERS MARKET - RALEIGH,... (full story)


Joe Biden was apparently off script and addressed the Biden administration’s oil oxymoron. No I am not talking about Occidental Petroleum or any other derivative of that word but the fact that the Biden administration loves to bash oil companies for not producing more oil but at the same time vowing to end fossil fuels. (full story)


Brazil’s equivalent of the USDA has raised its soybean production outlook slightly, while trimming its guess for corn. CONAB now sees soybeans at a record 152.89 million tons, up 0.1% from January as favorable results in Brazil’s Midwest cancel out... (full story)


COLUMBIA, SC Wednesday, February 08, 2023 South Carolina State Farmers Market - Prices to Growers Provided by: Specialty Crops Market News Federal State Market News Office Columbia, SC CA_FV001 Columbia Farmers Market - Wholesale prices paid to Growers until 9:00 a.m.... (full story)


Morning Livestock Summary (full story)


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


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


While soil pH can often be overlooked when it comes to fertility management, it can be a big factor in soybean yield success.  In this Managing for Profit, Derek Crompton, a Channel technical agronomist shares some tips about managing soil pH to... (full story)


Often times foods like pickles, ketchup, and mustard get pushed to the back of refrigerator shelves and consumers can be unsure if they’re still safe to eat. Questions also come up about how long lunch meat is safe after it has been opened. ... (full story)


Despite history telling us today's WASDE report will be a dud, it's still something to look forward to as markets flirt with some major technical levels. (full story)


USDA will release their Feb supply and demand numbers later today. Currently cotton is trading with morning weakness of 17 to 47 points. Turnaround Tuesday saw cotton back up by triple digits with the March contract posting a 2.8% gain. The other front months went home 209 to 227 points... (full story)


The April lean hog contract saw a $2.80 range from -$1.78 to +$1.02, before closing with a 55 cent gain. The other front month futures ended 10 to 40 cents higher on Tuesday. USDA’s National Average Base Hog price for Tuesday afternoon was $74.07, up by $1.73. The CME Lean... (full story)
HEG23: 76.075 (+0.700), HEK23: 93.475 (+0.825), KMG23: 81.700 (-0.250)


At the close Tuesday, live cattle futures were down by 25 to 90 cents. The feeder cattle market closed 40 to 72 cents lower across the front month futures. USDA reported some light cash trade in KS at $159. The weekly FCE auction listed 1,346 head for Tuesday, but saw... (full story)
LEG23: 161.350 (+0.775), LEJ23: 164.050 (+0.450), LEM23: 160.225 (+0.425), GFH23: 187.200 (unch), GFJ23: 191.350 (unch)


Wheat futures are trading fractionally to 4 cents in the black so far this morning. KC HRW futures extended their gains for the week with Tuesday adding 3 1/2 to 9 3/4 cents to the upside across the front months. Chicago wheat prices ended the day with fractional old crop... (full story)
ZWH23: 760-4 (+10-6), ZWK23: 771-0 (+9-6), ZWPAES.CM: 7.0034 (+0.1069), KEH23: 894-4 (+8-6), KEPAWS.CM: 8.6084 (+0.0876), MWH23: 925-0 (+7-6)


Soybean prices are trading with 5 to 11 cent gains, with meal recovering $5.40 to $6.40, so far on report day. The meal market continued its pull back on Tuesday with another 1.4% to 1.5% loss on the day – coming shortly after making contract highs on Friday. Soybean oil... (full story)
ZSH23: 1523-2 (+8-0), ZSPAUS.CM: 14.8075 (+0.0773), ZSK23: 1516-6 (+6-4), ZSN23: 1508-2 (+4-0)


Report day is starting with corn trading at the top end of the 3 1/4 cent overnight range. Corn prices turned red on Tuesday, but the March contract stayed within Monday’s range. The board was 4 to 5 1/2 cents weaker at the closing bell. Preliminary open interest showed some... (full story)
ZCH23: 676-4 (+2-4), ZCPAUS.CM: 6.7967 (+0.0248), ZCK23: 675-0 (+2-0), ZCN23: 664-4 (+2-0)


AL_LS600 Las Cruces, NM Wed Feb 8, 2023 USDA Market News Texas to Mexico Daily Livestock Exports ... (full story)


AL_LS603 Las Cruces, NM Feeder Cattle February 8, 2023 Daily Import Total Sales February 7, 2023 Santa Teresa, NM. EST: 2900 Compared to Monday, steer calves and yearlings sold... (full story)


The Chart of the Day belongs to the financial services company Donnelly Financial Solutions (DFIN) . 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... (full story)
DFIN: 49.37 (-0.15)


Cattle markets saw some corrective selling today on some decent volume overall. Last weeks cash surge of $2.92 higher pushing the average trade up to $158.17 helped pushed futures higher yesterday and in my opinion will help continue to support the market this week. Choice was up $1.83 and Select... (full story)


A Wisconsin hydrogeologist disagrees with EPA’s proposed atrazine restrictions. Ken Potrykus with the state’s Department of Agriculture, Trade, and Consumer Protection says the EPA is using outdated information and its current approach is... (full story)


REPORTING OFFICE: WASHINGTON FEB 08 2023 RAIL AND PIGGYBACK SHIPMENTS FOR: TUE FEB 07 2023 10,000 POUND UNITS (COMMODITY TOTALS FOLLOW ASTERIKS) ... (full story)


REPORTING OFFICE: WASHINGTON FEB 08 2023 RAIL AND PIGGYBACK SHIPMENTS FOR: TUE FEB 07 2023 CAR AND VAN COUNT ... (full story)


Apple is showing good relative strength and recently broke back above the 200-day moving average. AAPL is rated a Weak Buy and The Barchart Technical Opinion rating is an 8% Buy with weakening short term outlook on maintaining the current direction. (full story)
AAPL: 153.07 (-1.58)