Headlines


Gas Oil has been creeping higher the past few weeks after having dropped over (50%) since October of 2022. Is the bottom in? Time will tell… I like my chances with this trade given the historical seasonality. (full story)


Advanced Micro Devices stock has run up over 98% YTD. This has jacked up its out-of-the-money put premiums. As a result, this makes it profitable to sell them short for income investors. (full story)
AMD: 127.03 (+6.68), NVDA: 389.46 (+9.66)


The Illinois Department of Agriculture is encouraging farmers to demonstrate their environmental stewardship by participating in a free agrichemical container recycling program this summer. In July and August more than 35 locations across the state will serve as collection sites for high density polyethylene #2 plastic agrichemical containers that will... (full story)


The recent drop in gold prices is viewed as a short-term correction, presenting a buying opportunity for investors to acquire gold at a discounted rate, with the long-term strength of the gold market remaining robust and the potential for a bullish reversal high, making it an advantageous entry point for investment. (full story)


Decided to lean on Chat GPT this week for help with my Sunday Scaries. Let's take a look at what the computer thinks you should be watching this week and beyond... (full story)


Click to view report AMS_1804.pdf in PDF format (full story)


Click to view report AMS_2061.pdf in PDF format (full story)


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


The continuous gold futures contract rose to an ominous price in May 2023, reaching $2,072 per ounce. The rally took gold to a level creating a technical pattern that sticks out like a sore thumb on the long-term chart. (full story)
GCM23: 1,944.3s (+0.6)


Jim's report on recent market changes to ponder over the Memorial Day weekend .... (as you prep for next week) (full story)
ZCZ23: 534-4s (+18-4), ZSX23: 1189-4s (+17-2), ZWN23: 616-0s (+11-6), KEN23: 819-2s (+1-2), LEZ23: 173.225s (+0.375), NGN23: 2.417s (-0.059)


Supreme Court waters down EPAs reach (full story)


The why, the how, and the where behind one of investing's best advancements: fractional investing (full story)


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


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


Old Crop Surges Higher (full story)


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


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


WASHINGTON, DC 26-MAY-2023 WA_FV101 ... (full story)


WASHINGTON, DC 26-MAY-2023 WA_FV102 ... (full story)


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


PHOENIX Shipping Point Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


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


PHOENIX Shipping Point Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


PHOENIX Shipping Point Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


PHOENIX Shipping Point Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


PHOENIX Shipping Point Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


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


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ROTTERDAM Terminal Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


ROTTERDAM Terminal Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


ROTTERDAM Terminal Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News Service,... (full story)


A bipartisan bill offering tax relief for rural lenders could partially “offset the unlevel play fields” facing community banks in rural areas, but more regulatory reforms are needed to cushion against adverse economic conditions.  “Community... (full story)


FRESNO Shipping Point Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


YAKIMA Shipping Point Prices as of 26-MAY-2023 Provided by: Specialty Crops Market News Federal - State Market News... (full story)


Friday’s round of trading lifted the board back up by 2.5% to 4% across the front months. For July, the 323 point rally into Memorial Day weekend only limited the week’s net move to a 337 point loss. Dec cotton was also 335 points weaker from Friday to Friday. The... (full story)


Hog futures ended Friday with more triple digit losses to new life-of-contract lows. June settled the session 2% in the red for a net weekly drop of $6.95. June is also at a $15.62 loss so far for the month. USDA’s National Average Afternoon Base Hog price for Friday was... (full story)
HEM23: 76.075s (-1.575), HEQ23: 74.050s (-2.900), KMM23: 79.375s (-1.900)


The cattle futures market was mixed on Friday with fats gaining ground to new contract highs and the feeders fading into the holiday weekend on rising feed costs. Live cattle futures settled up by 5 to 57 cents on the day, leaving June at a net $1.62 gain for the... (full story)
LEM23: 167.350s (+0.050), LEQ23: 165.175s (+0.400), LEV23: 169.600s (+0.575), GFQ23: 233.925s (-0.775), GFU23: 237.100s (-0.975)


Wheat futures settled the last trade day before Memorial Day with gains across all three classes. Chicago futures led the way with 1.7% to 2% gains in the front months, and flipped to net higher for the week’s move. KC HRW futures closed up by 0.15% to 0.67% in the... (full story)
ZWN23: 616-0s (+11-6), ZWU23: 629-4s (+12-2), ZWPAES.CM: 5.5496 (+0.1175), KEN23: 819-2s (+1-2), KEPAWS.CM: 7.9125 (+0.0126), MWN23: 818-0s (+12-4)


Soybean futures were 0.9% to 1.5% higher on Friday with double digit gains across the front months. The July contract ended the week at a net 30c gain but is still sitting 82 cents in the red for the month. Soymeal futures were 1% to 1.3% higher into the 3-day... (full story)
ZSN23: 1337-2s (+13-2), ZSPAUS.CM: 13.1512 (+0.1200), ZSQ23: 1261-0s (+11-2), ZSU23: 1198-4s (+14-6)


Corn futures rallied with 2.2% to 3.6% gains across the front months. The July contract got back above $6, and is within 30 cents of where May expired. July closed at a 49 1/2 cent gain for the week, and is sitting at a 19 cent gain for the month.... (full story)
ZCN23: 604-0s (+13-2), ZCPAUS.CM: 6.3666 (+0.1299), ZCU23: 529-0s (+18-4), ZCZ23: 534-4s (+18-4)


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SA_LS855 San Angelo, TX Fri May 26, 2023 USDA Market News National Sheep Summary for Week Ending Friday, May 26, 2023 Weekly Trends: Compared to last week slaughter lambs mostly weak to 20.00 lower, except at New Holland, PA 10.00-30.00 higher. Slaughter ewes mostly steady to... (full story)