Jim Wyckoff on Muck Rack

Jim Wyckoff

Verified
Iowa, Solana
As seen in: Kitco News, MSN, Forbes, Wiley Online Library, Yahoo Finance, The Globe and Mail, Flipboard, Yahoo, Benzinga, EIN News, Richmond Times-Dispatch and
Best exchange in DeFi. Full stack ecosystem play focused on advancing the meta. Become a space catdet: discord.gg/jup
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Articles

First Thing Today | Grain futures prices wilt as Midwest heat dome won’t last long

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By Jim Wyckoff Verified
| Pro Farmer Verified
Good morning! Grain futures lower overnight… At 6:00 a.m. CST, December corn was down 8 cents and near its contract low. November soybeans were down 9 cents. September soybean meal was down $1.00. September bean oil was up 17 points. December SRW wheat was down 4 3/4 cents and December HRW was 1/4 cent lower. Gain market bears are growling these last two days of June, as a heat dome presently over the Midwest won’t last long. World Weather Inc.
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Weekly protein report: Australian beef hits China’s tariff wall as quota fills early

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By Jim Wyckoff Verified
| The Cattle Site Verified
Health & Disease Notfiable Diseases New World Screwworm Beijing’s safeguard measure could redirect more Australian product toward the US, other Asian markets August live cattle on Wednesday rose $0.525 to $246.525. August feeder cattle gained $4.775 to $372.925 and hit a six-week high. The cattle futures markets saw technical buying and also support from ongoing concerns about reduced beef supplies coming out of Texas due to the NWS detections in the state.
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Lean Hogs Are Rising. You Can Thank the USDA and Elevated Beef Prices.

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By Jim Wyckoff Verified
| Inkl
August lean hog (HEQ26) futures present a buying opportunity on more price strength. See on the daily bar chart for August lean hog futures that prices are starting to trend higher. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish mode as the blue MACD line is above the red trigger line and both lines are trending up.
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