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Wyckoff's Market Rating | July 10, 2014

Bulls are fading quickly as the uptrend line negated in August lean hogs. See how Wyckoff rates this and other markets to help in your trading decisions.

NOAA: Chances for El Niño To Begin by Summer Remain at 70%

NOAA says chances for a strong El Nino event are not favored by any of the forecast models.

Drought Monitor Shows No Change in Drought Coverage Across Central U.S.

Monitor says 34% of U.S. still in moderate drought or worse.

Kansas Harvest Progresses Northward

Harvest is progressing northward and yield reports continue to vary.

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Market Reports

Cash Sales Monitor

40% of 2014-crop corn is sold

2014-Crop Corn Sales

Cash-only marketers are 40% sold and hedgers are 50% sold in the cash market.

70% of 2014-crop wheat is sold

2014-Crop Wheat Sales

Cash-only marketers are 70% sold and hedgers are 85% sold in the cash market.

50% of 2014-crop soybeans are sold

2014-Crop Soybean Sales

Cash-only marketers and hedgers are 50% sold in the cash market.

50% of 2014-crop cotton is sold

2014-Crop Cotton Sales

Cash-only marketers and hedgers are 50% sold in the cash market.