Hi guys, apologies for what may seem a pretty obvious question. What are the major announcements that one must watch out for on the grains markets? I have been looking at the following calendar but just after a heads up as to which one s traders really look out for http://www.ers.usda.gov/calendar/2013.aspx Thanks in advance
In my opinion MOST IMPORTANT Monthly supply and demand report (WASDE), Quarterly Grain Stocks (end of Mar, Jun, Sep, Dec) and Planting Intentions. If you're new to the markets, it's best not to carry a futures position through these reports. IMPORTANT (depending on the time of year and underlying S&D) Weekly Crop Progress & Condition and Weekly Export Sales LESS IMPORTANT Weekly export inspections, weekly ethanol production & inventory, a number of livestock reports and the weekly COT report. These can be important on a cumulative basis, but an individual report typically will not cause a sharp market move. I mostly ignore them and let the Efficient Market Theory take care of their impact.
the Weekly Weather and Crop Bulletin (WAOB) is also fun to read, if there's la nina forecast, it'll be bullish for beans
what ever happened to the Leslie Report? does it still exist? at one time it was kept under lock and key until anouncement
http://news.cqg.com/commentary/2012/10/conrad-leslie-on-good-living.html I think he retired long ago but he still has an interest in the markets at age 89. Good to know that trading does not rot the brain.
Im able to stay well away from grains announcements with these sites, but are there any sites or services where I can get the results in close to real time? I use forexfactory.com for all the financial announcements but having a hard time getting anything for grains
Hello. You can see some interesting News from here: 1) https://research.tdwaterhouse.ca/re...1#CommoditiesNewsSearchModule-tab=Agriculture , 2) http://www.fintecgroup.com/category/news/ , for the Goods ( Grains ) that rules the World. Kind Regards, George Kanellopoulos.