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David Scheibel [email protected] Office 1-877-365-3744 www.mnwestag.com Wednesday Mar 10, 2010 The information contained herein was obtained from sources believed to be reliable, but cannot be guaranteed. FC Stone may have contributed to this report. All examples given are strictly hypothetical and neither the information, nor any opinion expressed, constitutes a solicitation to market commodities or buy or sell futures or options on futures. Past financial performance and results are not indicative of, nor do they guarantee, future performance. Commodity marketing and trading has inherent risks. Trading and/or marketing decisions, as well as any gains or losses thereof, are the sole responsibility of the commodity owner, producer, and or account holder. Minnesota West Ag. Services, LLC, its principals and employees, assume no liability for any use of any information contained herein. Reproduction without authorization is forbidden. 2010 May Corn Futures May corn futures testing the February low at 3.59 today before moving up to 3.66 and closing at $3.65 up .02 on the day.

2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

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Page 1: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

David Scheibel

[email protected]

Office 1-877-365-3744www.mnwestag.com

Wednesday Mar 10, 2010

The information contained herein was obtained from sources believed to be reliable, but cannot be guaranteed. FC Stone may have contributed to this report. All examples given arestrictly hypothetical and neither the information, nor any opinion expressed, constitutes a solicitation to market commodities or buy or sell futures or options on futures. Past financialperformance and results are not indicative of, nor do they guarantee, future performance. Commodity marketing and trading has inherent risks. Trading and/or marketing decisions, aswell as any gains or losses thereof, are the sole responsibility of the commodity owner, producer, and or account holder. Minnesota West Ag. Services, LLC, its principals andemployees, assume no liability for any use of any information contained herein. Reproduction without authorization is forbidden.

2010 May Corn Futures

May corn futures testing the February low at 3.59 today before moving up to 3.66 and closing at $3.65 up .02 on the day.

Page 2: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

David Scheibel

[email protected]

Office 1-877-365-3744www.mnwestag.com

Wednesday Mar 10, 2010

The information contained herein was obtained from sources believed to be reliable, but cannot be guaranteed. FC Stone may have contributed to this report. All examples given arestrictly hypothetical and neither the information, nor any opinion expressed, constitutes a solicitation to market commodities or buy or sell futures or options on futures. Past financialperformance and results are not indicative of, nor do they guarantee, future performance. Commodity marketing and trading has inherent risks. Trading and/or marketing decisions, aswell as any gains or losses thereof, are the sole responsibility of the commodity owner, producer, and or account holder. Minnesota West Ag. Services, LLC, its principals andemployees, assume no liability for any use of any information contained herein. Reproduction without authorization is forbidden.

2010 December Corn Futures

Dec corn futures nearing the February low at 3.88-3/4 today before moving up to 3.95 and closing at $3.94 up .01-3/4 on the day.

Page 3: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

David Scheibel

[email protected]

Office 1-877-365-3744www.mnwestag.com

Wednesday Mar 10, 2010

The information contained herein was obtained from sources believed to be reliable, but cannot be guaranteed. FC Stone may have contributed to this report. All examples given arestrictly hypothetical and neither the information, nor any opinion expressed, constitutes a solicitation to market commodities or buy or sell futures or options on futures. Past financialperformance and results are not indicative of, nor do they guarantee, future performance. Commodity marketing and trading has inherent risks. Trading and/or marketing decisions, aswell as any gains or losses thereof, are the sole responsibility of the commodity owner, producer, and or account holder. Minnesota West Ag. Services, LLC, its principals andemployees, assume no liability for any use of any information contained herein. Reproduction without authorization is forbidden.

2010 May Soybean FuturesMay Soybean futures retreating back today after nearing the March high yesterday.

While a daily chart doesn’t appear to show this fact, for 6 weeks in a row the Wednesday close for May Soybean futureshas been between $9.51 and 9.63, a very narrow 12 cent price range. See attached historical chart for a better look.

Page 4: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

David Scheibel

[email protected]

Office 1-877-365-3744www.mnwestag.com

Wednesday Mar 10, 2010

The information contained herein was obtained from sources believed to be reliable, but cannot be guaranteed. FC Stone may have contributed to this report. All examples given arestrictly hypothetical and neither the information, nor any opinion expressed, constitutes a solicitation to market commodities or buy or sell futures or options on futures. Past financialperformance and results are not indicative of, nor do they guarantee, future performance. Commodity marketing and trading has inherent risks. Trading and/or marketing decisions, aswell as any gains or losses thereof, are the sole responsibility of the commodity owner, producer, and or account holder. Minnesota West Ag. Services, LLC, its principals andemployees, assume no liability for any use of any information contained herein. Reproduction without authorization is forbidden.

2010 November Soybean FuturesNovember Soybean futures retreating back today after nearing the March high yesterday.

While a daily chart doesn’t appear to show this fact, for 6 weeks in a row the Wednesday close for November Soybean futureshas been between $9.27 and 9.42, a very narrow 15 cent price range. See attached historical chart for a better look.

Page 5: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Corn Historic Charts David [email protected]

877.365.3744www.mnwestag.com

125

175

225

275

325

375

425

475

525

575

625

675

725

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

Cen

tsp

er

Bu

sh

el

..

SO MN Nearby Cash Corn BidsWednesday Bids Southern MN

1995

1996

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2001

2002

2003

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2005

2006

2007

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2010

1 3/24/2010

Page 6: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Corn Historic Charts David [email protected]

877.365.3744www.mnwestag.com

125

175

225

275

325

375

425

475

525

575

625

675

725

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

Cen

tsp

er

Bu

sh

el

.

SO MN New Crop Cash Corn BidsWednesday Bids Southern MN

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2 3/24/2010

Page 7: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Corn Historic Charts David [email protected]

877.365.3744www.mnwestag.com

175

225

275

325

375

425

475

525

575

625

675

725

775

825

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

Cen

tsp

er

Bu

sh

el

..

Nearby Corn Futures CBOTWednesday Closes Calander Year Jan - Dec

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

3 3/24/2010

Page 8: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Corn Historic Charts David [email protected]

877.365.3744www.mnwestag.com

175

225

275

325

375

425

475

525

575

625

675

725

775

825

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

Cen

tsp

er

Bu

sh

el

..

December Corn Futures CBOTWednesday Closes Calander Year Jan - Dec

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

4 3/24/2010

Page 9: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Corn Historic Charts David [email protected]

877.365.3744www.mnwestag.com

J F M A M J J A S O N DJ F M A M J J A S O N DJ F M A M J J A S O N D

-75.00

-65.00

-55.00

-45.00

-35.00

-25.00

-15.00

-5.00

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

Ce

nts

pe

rB

us

he

l..

SO MN Nearby Corn BasisWednesday Bids Southern MN

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

5 3/24/2010

Page 10: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Corn Historic Charts David [email protected]

877.365.3744www.mnwestag.com

-75.00

-60.00

-45.00

-30.00

-15.00

0.00

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

Ce

nts

pe

rB

us

he

l..

SO MN New Crop Corn BasisWednesday Bids Southern MN

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

6 3/24/2010

Page 11: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Soybean Historic Charts David [email protected]

877.365.3744www.mnwestag.com

350

450

550

650

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950

1050

1150

1250

1350

1450

1550

1650

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

Ce

nts

pe

rB

us

he

l.

Weeks of the Year

Nearby Cash Soybean PricesWednesday Closes Southern MN

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

1 3/24/2010

Page 12: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Soybean Historic Charts David [email protected]

877.365.3744www.mnwestag.com

350

450

550

650

750

850

950

1050

1150

1250

1350

1450

1550

1650

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

Ce

nts

pe

rB

us

he

l.

Weeks of the Year

New Crop Cash Soybean PricesWednesday Closes Southern MN

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2 3/24/2010

Page 13: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Soybean Historic Charts David [email protected]

877.365.3744www.mnwestag.com

350

450

550

650

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850

950

1050

1150

1250

1350

1450

1550

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1750

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

Ce

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rB

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Weeks of the Year

Nearby Soybean Futures CBOTWednesday Closes Calendar Year Jan - Dec

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

3 3/24/2010

Page 14: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Soybean Historic Charts David [email protected]

877.365.3744www.mnwestag.com

400

500

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1700

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

Ce

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Weeks of the Year

November Soybean Futures CBOTWednesday Closes Calendar Year Jan - Dec

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

4 3/24/2010

Page 15: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Soybean Historic Charts David [email protected]

877.365.3744www.mnwestag.com

-120

-100

-80

-60

-40

-20

0

20

40

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

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Weeks of the Year

Nearby Cash Soybean BasisWednesday Closes Southern MN

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

5 3/24/2010

Page 16: 2010 May Corn Futures - Amazon S3 · Microsoft Word - MNWest Chart 100324.doc Author: MWAS David Created Date: 3/24/2010 10:22:54 PM

Soybean Historic Charts David [email protected]

877.365.3744www.mnwestag.com

-160

-140

-120

-100

-80

-60

-40

-20

0

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

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Weeks of the Year

New Crop Soybean BasisWednesday Closes Southern MN

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

6 3/24/2010