Podcast
Quotes
Resources
Download App
Call

Quotes

Futures quotes are end of day delayed. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.

Track all markets on TradingView

AGLEADER WINTER CONFERENCE

A link to view will be sent out January 23rd, 2025 to view

On January 23rd, join us for a straightforward, no-nonsense look at the next six months in corn, soybeans, wheat, cattle, and hog markets. We’ve broken everything down for easy viewing, giving you access to data and insights that’ll help you make the best calls for your operation. With over 40 years of hands-on experience, our analysts and brokers know what matters and bring you the actionable information you need.

Register
Market Movers

Beans have been the target of election fear selling for days

Beans have been the target of election fear selling for days so there is no surprise to see beans down as much as they are in overnight, especially knowing it is overnight traders doing the selling

November 6, 2024
News Image
Live Updates
News Image
Daily Market Report
News Image
Quick Studies
News Image
Market Movers
News Image
Press Release

Latest Updates

News Image

Beans have been the target of election fear selling for days

Beans have been the target of election fear selling for days so there is no surprise to see beans down as much as they are in overnight, especially knowing it is overnight traders doing the selling

Market Movers
November 6, 2024
News Image

Harvest at 91%, early estimates call lower yield Friday

Harvest at 91%, early estimates call lower yield Friday, trade to stay cautious during elections

Market Movers
November 5, 2024
News Image

Funds bought 54K on Friday’s COT report, 8 AM sales improved in a big way Friday

Funds bought 54K, short term supportive but over the last 5 weeks funds have been choppy in corn

Market Movers
November 4, 2024
News Image

Strong enough ethanol and exports this week to see at least some support, traders rolling

Both the ethanol and export numbers were strong enough this week to provide at least light support

Market Movers
November 1, 2024
News Image

Packer kill cuts drive cattle weights higher.

The weekly Actual Slaughter report detailed meat production statistics for the third week of October.

Quick Studies
October 31, 2024
View All

Daily Market Report

Livestock
A lightly positive close was noted. Some would suggest, given the strong stock market reaction, that the election may have been positive for meat demand. Of note feeder futures gapped higher, filled their upside chart gap, then closed right at that level. Updated interest rate policy and a USDA supply/demand report are still ahead this week.
Wheat
A mixed trade was noted in today's session. Quite positive for wheat, a mixed close was noted despite a large rally day for the US dollar index. It is now at its best price since July 3. This mixed trade was also noted despite this week's rains in winter wheat areas. The longer term supportive story, from expected old crop export declines from RUS/UKR and new crop 2025 production, is still on hold.
Soybean
Soybeans performed much better than expected. The reaction after the election saw pricing -19 ¾ cents at one point today. The lightly positive close would be seen as a rejection of lower trade. This market has traded an export discount. In a few weeks we'll learn whether it was not needed, just right or no where near enough. Some in the trade have lightly floated the idea of further biofuel expansion with the new president. Next up is Thursday's interest rate change then Friday's USDA report.
Corn
Corn did quite well today. A lower start due to the election turned into a positive close. December has now filled two of three intraday upside gaps. The last of those three is directly ahead, 428 ¼. Two other big issues still remain this week, Thursday's change in US interest rate policy and Friday's monthly USDA supply/demand report. The US balance sheet is not bad. However, clear psychological risk based on potential trade disruptions remain. That will likely take weeks ahead to flesh out.
Pricing

Simple Pricing. Year Round.

Choose from our yearly package or our monthly package. Monthly packages are billed monthly, until cancelled. Yearly packages are invoiced annually on renewal.

FREE

$0

14 -day free trial
no credit card, needed.

Get Started
Conferences Not Included:
Daily Market Outlook
Quick Studies
Weekly & Pre Report Snapshot
Marketing Recommendations

ALL IN

$799

/per year. Billed annually. On invoice.

Get Started
Access to everything:
Daily Market Outlook
Quick Studies
Weekly & Pre Report Snapshot
Marketing Recommendations
AgLeader Conferences & Webinars

PREMIUM

$39

/per month. Billed monthly. Until cancelled.

Get Started
Conferences Not Included:
Daily Market Outlook
Quick Studies
Weekly & Pre Report Snapshot
Marketing Recommendations
APP
TRADE
FUNDAMENTALS
PODCAST

Stay Up To Date

Address

4506 Prime Pkwy, McHenry, IL 60050 USA 🏴

Contact

+1 800 262 7538
contact@allendale-inc.com

This material has been prepared by a sales or trading employee or agent of Allendale Inc. and is, or is in the nature of, a solicitation. This material is not a research report prepared by Allendale’s Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions. DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW. PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION. The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Allendale Inc. believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.