Weekend Wrap Up

Weekend Wrap Up

December 9, 2018

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Grains and Livestock


If you missed our weekly "2 Minute Drill", you can CLICK THIS LINK to watch!

A video breakdown of the grain and livestock markets


Corn


Last Weeks Close: March corn futures finished Fridays session up 2 cents, extending gains for the week to 8 cents. Futures traded in a range of 6 for the week, following the gap higher Sunday night. Fridays Commitment of Traders report showed funds sold 11,208 futures through November 27th, expanding their net short position to 31,054 contracts.


Quick Take:To get our full report emailed to you, click HERE or email Oliver@BlueLineFutures.com.



Soybeans


Last Weeks Close: January soybeans finished Fridays session up 6 cents, extending gains for the week to 22 cents. Futures traded in a 26 cent range through the wee, following the gap higher Sunday night. Fridays Commitment of Traders report showed funds sold 6,124 futures through November 27th, expanding their net short position to 59,303 contracts.


Quick Take:To get our full report emailed to you, click HERE or email Oliver@BlueLineFutures.com.


Wheat


Last Weeks Close: March wheat futures finished Fridays session up 16 cents, putting prices in positive territory for the week by just that, 16 cents. Futures traded in a 22-cent range through the week, following the gap higher Sunday night. Fridays Commitment of Traders report showed funds bought 898 futures through November 27th, trimming their net sort position to 38,744 contracts.


Quick Take:To get our full report emailed to you, click HERE or email Oliver@BlueLineFutures.com.


Live Cattle


Last Weeks Close: February live cattle finished Fridays session down 30 cents, trimming gains for the week to 1.00. Futures traded in a range of 2.725 for the week. Fridays Commitment of Traders report showed funds bought 1,493 futures through November 27th, expanding their net long position to 62,004 contracts.


Quick Take:To get our full report emailed to you, click HERE or email Oliver@BlueLineFutures.com.


Feeder Cattle


Last Weeks Close: January feeder cattle finished Fridays session up .275, trimming losses for the week to .75. Futures traded in a range of 3.175 for the week. Fridays Commitment of Traders report showed funds bought 1,265 contracts through November 27th, trimming their net short position to 3,387 contracts.


Quick Take:To get our full report emailed to you, click HERE or email Oliver@BlueLineFutures.com.


Lean Hogs


Last Weeks Close: February lean hogs finished Fridays session up .90, putting prices in positive territory by .45 for the week. Futures traded in a wide range of 3.925 through the week. Fridays Commitment of Traders report showed funds sold 876 futures through November 27th, trimming their net long position to 41,222 contracts.


Quick Take:To get our full report emailed to you, click HERE or email Oliver@BlueLineFutures.com.


Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.