{"id":17780,"date":"2022-06-07T12:39:25","date_gmt":"2022-06-07T20:39:25","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17780"},"modified":"2022-06-07T12:39:25","modified_gmt":"2022-06-07T20:39:25","slug":"hot-season-for-the-grain-markets-support-and-resistance-levels-6-08-2022","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/hot-season-for-the-grain-markets-support-and-resistance-levels-6-08-2022\/","title":{"rendered":"Hot Season for the Grain Markets + Support and Resistance Levels 6.08.2022"},"content":{"rendered":"<div align=\"center\">\n<div align=\"justify\">\n<div><\/div>\n<div>\n<div align=\"justify\">\n<div><\/div>\n<div style=\"text-align: center;\" align=\"justify\">\n<div style=\"text-align: left;\" align=\"center\">Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div style=\"text-align: left;\" align=\"center\"><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001KRg6On04gjknOfysn89cEhkyXgAxXigZc1_AdekBblRz4Cwp2yofkpGH8rpms9Q30D0wjhFS1q8yG11pQf1KRy2bpIyH4uwMgzWcI-wb74TdqgA-DQitbpTeoWmib8qwdH8ve86kM_6EWihst10TitotvFRrtw2C0HgnNGJLkXUXb6ec7AaQGNxU6EuLQxHI&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: center;\">\n<div align=\"center\">\n<div align=\"justify\">\n<div align=\"justify\">\n<div><\/div>\n<div style=\"text-align: center;\" align=\"justify\">\n<div align=\"center\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div style=\"text-align: left;\" align=\"center\">\n<h1>Hot Season for the Grain Markets!<\/h1>\n<div>By John Thorpe<\/div>\n<div><\/div>\n<div>This time of year the <a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/online-trading-blog\/grain-futures\/\">Grain markets<\/a> will be more susceptible to large price swings as a result of USDA reports most notably three and one other piece of information to round out the four things we need to pay attention to.<\/div>\n<div><\/div>\n<ul>\n<li>\u00a0Export Inspections\u00a0released at 10:00am Central every Monday.\u00a0\u00a0\u00a0they look like this\u00a0and can be found here<\/li>\n<\/ul>\n<div><a href=\"https:\/\/usda.library.cornell.edu\/concern\/publications\/ns064603t?locale=en\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/usda.library.cornell.edu\/concern\/publications\/ns064603t?locale=en<\/a><\/div>\n<div>GRAINS INSPECTED AND\/OR WEIGHED FOR EXPORT<\/div>\n<div>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0REPORTED IN WEEK ENDING JUN 02, 2022<\/div>\n<div>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0&#8212; METRIC TONS &#8212;<\/div>\n<div>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/div>\n<div>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0CURRENT\u00a0\u00a0\u00a0\u00a0PREVIOUS<\/div>\n<div>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0&#8212;&#8212;&#8212;&#8211; WEEK ENDING &#8212;&#8212;&#8212;-\u00a0MARKET YEAR\u00a0MARKET YEAR<\/div>\n<div>\u00a0GRAIN\u00a0\u00a0\u00a0\u00a0\u00a006\/02\/2022\u00a005\/26\/2022\u00a006\/03\/2021\u00a0\u00a0\u00a0TO DATE\u00a0\u00a0\u00a0\u00a0TO DATE<\/div>\n<div><\/div>\n<div>BARLEY\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a073\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00<\/div>\n<div>CORN\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a01,434,683\u00a0\u00a01,411,734\u00a0\u00a01,426,845\u00a0\u00a043,733,073\u00a0\u00a052,608,324<\/div>\n<div>FLAXSEED\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00<\/div>\n<div>MIXED\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00<\/div>\n<div>OATS\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00<\/div>\n<div>RYE\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00<\/div>\n<div>SORGHUM\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0207,953\u00a0\u00a0\u00a0\u00a0144,690\u00a0\u00a0\u00a0\u00a0\u00a065,550\u00a0\u00a0\u00a06,328,772\u00a0\u00a0\u00a06,271,629<\/div>\n<div>SOYBEANS\u00a0\u00a0\u00a0\u00a0\u00a0350,416\u00a0\u00a0\u00a0\u00a0403,617\u00a0\u00a0\u00a0\u00a0239,384\u00a0\u00a049,852,901\u00a0\u00a056,907,092<\/div>\n<div>SUNFLOWER\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a02,260\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0240<\/div>\n<div>WHEAT\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0352,779\u00a0\u00a0\u00a0\u00a0344,907\u00a0\u00a0\u00a0\u00a0531,921\u00a0\u00a0\u00a0\u00a0\u00a0225,845\u00a0\u00a0\u00a0\u00a0\u00a0194,485<\/div>\n<div>Total\u00a0\u00a0\u00a0\u00a0\u00a0\u00a02,345,831\u00a0\u00a02,305,021\u00a0\u00a02,263,700\u00a0100,142,851\u00a0115,981,770<\/div>\n<div>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/div>\n<div>CROP MARKETING YEARS BEGIN JUNE 1 FOR <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Wheat-Futures\">WHEAT<\/a>, RYE, <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Oat-Futures\">OATS<\/a>, BARLEY AND<\/div>\n<div>FLAXSEED;\u00a0SEPTEMBER 1 FOR <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Corn-Futures\">CORN<\/a>, SORGHUM, <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Soybeans-Futures\">SOYBEANS<\/a> AND SUNFLOWER SEEDS.<\/div>\n<div>INCLUDES WATERWAY SHIPMENTS TO CANADA.<\/div>\n<div><\/div>\n<ul>\n<li>Crop Progress released at 3:00pm Central every Monday\u00a0can be found here\u00a0<a href=\"https:\/\/www.nass.usda.gov\/Publications\/Todays_Reports\/reports\/prog2422.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.nass.usda.gov\/Publications\/Todays_Reports\/reports\/prog2422.pdf<\/a><\/li>\n<\/ul>\n<div>And look like this Notice the large proportion of very poor to fair with harvest weeks away in many of these states<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ccf72b6f-2c5f-4a78-a55a-738a7c8eb819.png\" alt=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Wheat-Futures\" width=\"924\" height=\"463\" title=\"\"><\/div>\n<div style=\"text-align: center;\"><\/div>\n<div style=\"text-align: left;\">\n<ul>\n<li>USDA Supply\/Demand and WASDE released once a month, this week it will be Friday morning at 11:00 Central\u00a0\u00a0you can find them here\u00a0<a href=\"https:\/\/www.usda.gov\/oce\/commodity\/wasde\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.usda.gov\/oce\/commodity\/wasde<\/a>\u00a0\u00a0and they look like this.<\/li>\n<\/ul>\n<\/div>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/908a9769-cbdf-42f3-aedf-b7285352a0af.png\" alt=\"\" title=\"\"><\/p>\n<div>\n<ul>\n<li>Weather Forecasts!\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0Please contact a Cannon broker about how these items impact the price of the grain futures<\/a>\u00a0you monitor and how to take advantage of or monitor and manage the inherent risks associated with positions of Futures Spreads, Futures Options, or outright futures contracts.<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<div><\/div>\n<p style=\"text-align: left;\">Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 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.<\/p>\n<h3><strong>Futures Trading Levels<\/strong><\/h3>\n<p>06-08-2022<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/aeb8f841-5380-43e6-8f87-76d12ddecb38.jpg\" alt=\"Futures Support and Resistance Levels 6.08.2022\" width=\"608\" height=\"749\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: left;\" align=\"center\">Improve Your Trading Skills<\/h2>\n<div style=\"text-align: left;\" align=\"center\">Get access to proprietary indicators and trading methods,\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile\" target=\"_blank\" rel=\"noopener noreferrer\">consult with an experienced broker<\/a><\/div>\n<div style=\"text-align: left;\" align=\"center\">\u00a01-800-454-9572\u00a0Explore trading methods.\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener noreferrer\">Register Here<\/a><\/div>\n<h3><a href=\"http:\/\/www.forexfactory.com\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, Source:\u00a0<\/strong><\/h3>\n<p><a href=\"http:\/\/Forexfactory.com\" target=\"_blank\" rel=\"noopener\">Forexfactory.com<\/a><\/p>\n<p><a href=\"http:\/\/Forexfactory.com\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3ef09e59-330a-4e72-a361-cb2401a17c22.jpg\" alt=\"\" title=\"\"><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Hot Season for the Grain Markets! By John Thorpe This time of year the Grain markets will be more susceptible to large price swings as a result of USDA reports most notably three and one other piece of information to round out the four [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[238,67],"tags":[],"class_list":["post-17780","post","type-post","status-publish","format-standard","hentry","category-grain-futures","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=17780"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17780\/revisions"}],"predecessor-version":[{"id":17781,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17780\/revisions\/17781"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}