Open An Account
Free Demo Account Subscribe Here

Category: Grain Futures

Different grains are traded on the Index, as commodities. Wheat, corn, soybeans, canola and soybean meal are just a few examples. They can be either a short-hedge or a long-hedge. One of the most traded grain futures is corn.

Basically, buying or selling these forms of futures enables the buyers and sellers to lock in prices of the specified grain today for the items that are to be delivered in the future. Therefore, all those who are interested in grains futures must track the performance of the grain on the demand and supply graph as well as its performance on the index. Though it is not tough to understand grains futures, the calculation of risk and returns is something that an average person may leave for an expert to do.

We at Cannon Trading are there to help you to not just understand the markets well, but to act as your personal advisors when it comes to trading futures. And, that’s something that applies for grain futures as well. However, information and awareness come before anything else. That is why, we want you to read through all of these blogs and articles carefully before you decide whether you want to trade grain futures or not.

Ukraine & Commodities, Futures Trading Levels 3.03.2022

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Russia, Ukraine & Commodities

By Mark O’Brien, Senior Broker
In a recent blog post, it was noted, “We’re just one month into this calendar year with more developments ahead – geopolitically, weather-related and monetary policy related – all set to cause commodity prices across a range of asset classes to exhibit potentially rugged price action. Keep an eye out.” Now two months into this calendar year, it appears that statement was subdued.
Many of the market moves stem from the escalating war activities in Ukraine, which will remain a dominant force in determining prices of several commodities. Russia and Ukraine account for nearly 20% of global corn exports and 25% of wheat. May corn traded to new contract highs overnight (747¾, basis May). May wheat traded up its 75-cent limit today to the highest level since March of 2008. Russia is responsible for up to 40% of the palladium supply to the world, a commodity not typically among any trader’s top-ten to keep an eye on. It’s seen a ±$300/oz. move up since Friday’s close and is poised to close at daily contract highs. Prices in crude oil surged again today, trading intermittently to life-of-contract highs above $112/barrel. These and other markets – think metals, other energy products, stock index futures – will continue to exhibit outsize moves. And while fears of physical supply disruptions, a ratcheting up of inflation expectations and other forces have sellers moving to the sidelines across numerous commodities, these traders are not gone. Take care.
Sierra + Teton Available through Cannon Trading along with other data feeds such as CQG and Rithmic.
Sierra Charts, Teton Order Routing
Contact us for a demo and/ or more information here!

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

03-03-2022

37320b7e 4e94 47a1 9dc9 4b5c1c0e7790

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

http://BetterTrader.Co

d7f63b89 de85 4521 abca f3c42d1b1b4f

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Wheat Limit UP, Futures Trading Levels 3.02.2022

Posted on by Ilan
Get Real Time updates and more on our private FB group!

More on LIMIT Moves: Wheat

By John Thorpe, Senior Broker
Futures contract limit moves during extreme volatility….. rules are different for each commodity that does have a hard daily price limit. not all futures contracts have daily price limits. Here is a discussion from the CME of Daily Price limits Product Examples for Daily Price (Trading) Limits – Electronic Platform Information Console – Confluence (cmegroup.com) a current list of markets where limits are enabled is here Price Limits: Ags, Energy, Metals, Equity Index (cmegroup.com) the reason we draw your attention to this is the current state of the Wheat market with the first 2 months in the Chicago Soft contracts and of the KC Hard red winter contracts. Limit markets are also known as Limit Bid or limit offer markets where there are Bidders or offerors “jumping into the Pool” clamoring to get long or short.. we refer to the excessive bids or offers as “the Pool” when exterior pressures create the perception of shortage of a commodity, as is the case for wheat this week, markets make limit moves. near today’s close I took this snapshot of the number of unfulfilled bids in the pool is seen in the bid size column :
E-Futures Platform, Wheat Futures
the rules for extending limits are here in this link from the CME Grain, Oilseed, and Lumber Price Limit FAQ – CME Group
7d6f93fa bee1 46d7 b7ad 8b4b41b5d1a8
The Wheat market will re-open tonight @ 8:00 PM EST if the exchange moves to a .75 cent limit the dollar value of a limit move is $3750.00 per contract.
Would you like to contact John or any of our brokers for more feedback? We are happy to help!
Sierra Charts, Teton Order Routing
Contact us for a demo and/ or more information here!

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

03-02-2022

37320b7e 4e94 47a1 9dc9 4b5c1c0e7790

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

http://BetterTrader.Co

1b47f1cc 9061 4865 9de2 7ee7d2e695d7

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Focusing on Soybeans & Support and Resistance Levels 2.04.2022

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Focus on Soybeans:

In 2019 the world produced about 12 billion bushels of soybeans, or about 367 million tons. Give or take, that’s not far from the last five years’ production. Unlike decades past, when the United States lead the world in soybean production, now about half of the world’s soybeans are grown on farms in five countries in South America: Brazil, Argentina, Paraguay, Bolivia and Uruguay. So, it should be no surprise that the price of U.S.-grown soybeans is influenced by South American soybean prices. This is acutely the case in recent weeks. While U.S. farmers are just readying farmland for this year’s crop, the South American crop is well on its way and yield and quality estimates for this crop year are being tallied as the region moves towards harvest. Weather forecasts have recently turned drier to exacerbate a lack of rain early in the crop year and traders expect to see significant damage to the crop. This was not evident in the
latest USDA world supply/demand report released Jan. 12. Since then, soybeans for March delivery on the Chicago Board of Trade have advance ±10% from ±$14.00/bushel to ±$15.50, prices not seen since last June. Expect outsize price moves in the coming weeks.
922b55b1 72fe 49ea a17a e40ef49516bf

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

 

Futures Trading Levels

02-03-2022

c1bb983e 11e6 474b 97ca a1c080284c77

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

https://bettertrader.co/ 

010686b2 0f18 4f9f b202 fe28b4039461

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Weekly Newsletter #1055 Day Trading Mind Traps & Trading Levels for Week Ahead

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue #1055

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Get Real Time updates and more on our private FB group!

Day Trading Mind Traps

“One way our brain helps keep us safe is to protect us from an awareness of our weaknesses. The brain believes that it is better to be falsely confident than recognize the real risks. This protective mechanism tends to work against us in trading.” Kenneth Reid, Ph.D

MINDING THE MIND

The mind can play tricks on us. Intuitive Trading is an attempt to mind read the market, which makes us susceptible to whipsaws. Hindsight Bias causes traders to underestimate the difficulty of trading, while Competency Bias causes us to over-estimate our abilities. These are mental banana peels that set us up for a fall.

INTUITIVE TRADING

Intuitive trading is a natural response to excessive randomness and non-linearity in the market. But making informed guesses is not the same as formulating a rule-based pattern-recognition system that gives a trader a true edge. Without a rule-based plan, intuitive traders expend a great deal of energy mindreading the market, which will not improve your odds of success. In fact, professional traders make a good living exploiting the emotionally-driven behavior of intuitive amateurs.

….Read More by clicking here

Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

 

Futures Trading Levels

6-21-2021

e15c38b5 732b 489d 9275 942c573149f4

 

Weekly Levels

7b25aa90 8527 4471 9fbb e8c385378a32

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates

c7337f22 bfad 4c75 9474 1bd7468d2206

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading

MLK Trading Schedule, Monthly Soybeans Chart, & Support and Resistance Levels 1.15.21

Posted on by Ilan

_________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
MLK trading schedule below.
Take note as most markets will halt at noon central.
CME GLOBEX ML King Jr Holiday Schedule 2021
Monthly Soybeans Chart for Longer term Perspective.
Monthly Soybean Chart

Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

 

Futures Trading Levels

1-15-2021

 

Futures Support & Resistance Levels 1-15-2021

Economic Reports, source: 

 www.BetterTrader.co

BetterTrader 1.15.2021

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Grain Options Volatility Video! 2.01.2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Front month for crude oil and Natural gas is March.

Front month for gold is now April.

Wishing all of you  EXCELLENT trading in February!

La Niña: Grain Options’ Implied Volatility Languishes

By Erik Norland, Senior Economist, CME Group

Video Highlights
  • Corn, Soybean options’ implied volatility languishes despite La Niña
  • La Niña can elevate grain volatility, has historically been bearish

Rise of non-U.S. grain producers could be limiting volatility.

Continue reading “Grain Options Volatility Video! 2.01.2018”

Mini Russell 2000 Heikin-Ashi & Economic Reports 7.11.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday July 10, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

Trying to predict movement on stock indices from one day to another has not been easy to say the least….

One thing that i personally like is that the intraday ranges are wider, volatility is higher and I personally prefer this type of day-trading environment. Main thing to remember if you are a day-trader, as volatility increases, you need to adjust your stops and targets accordingly, perhaps consider LOWERING your trading size so you can afford more room on stops and hold on for larger targets. Continue reading “Mini Russell 2000 Heikin-Ashi & Economic Reports 7.11.2015”

Futures Levels & Economic Reports 2.27.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday February 27, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Bonds front month is now JUNE.

Grains front month is now May.

Silver front month is May!

We will notify you in advance when stock indices roll over in couple of weeks.

Daily chart of soybeans are today’s “show and tell”…..

ZSE - Soyabeans (Globex), Equalized Active Daily Continuation
ZSE – Soyabeans (Globex), Equalized Active Daily Continuation

Continue reading “Futures Levels & Economic Reports 2.27.2015”

Is the Wheat rally real or just a short covering bounce? & Levels 10.24.2014

Posted on by Ilan

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

 

Is the Wheat rally real or just a short covering bounce?

Along with the rest of the grain complex and many other commodities, the wheat market has taken a serious beating, declining from $7.64 in May to $4.66 in late September! That is a very serious drop in price (close to 40%!!) in a short period of time.

 

In recent weeks, the wheat market has bounced almost $0.60 from its lows and the big question longer term traders, as well as swing traders, are asking themselves, is the following: Is this just a chance to go short again or is this the beginning of a reversal to the upside.

Continue reading “Is the Wheat rally real or just a short covering bounce? & Levels 10.24.2014”

Non Farm Payroll Data, Economic Reports & Levels 10.03.2014

Posted on by Ilan

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

 

We started a trial for a new squawk box service here at Cannon and I must say I was impressed enough to share with you an example of the wrap up email I received as well as a link to their services:

http://www.livesquawk.com/#!sign_up  Continue reading “Non Farm Payroll Data, Economic Reports & Levels 10.03.2014”

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.