All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Squawk / 09 November 2017 at 14:06 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    The US Department of Agriculture will release its monthly supply and demand estimates (WASDE) today at 1700 GMT. Is expected to show a bigger US corn yield leading to biggest stock since 1988. Soybeans yield and production probably declined while a global rush to unload wheat could trigger a reduction in world stocks.
    Attached WASDE expectations as well as the latest speculative fund positions from the week to October 31.
    Read the Squawk
    10 November
    Ole Hansen Ole Hansen
    Bearish WASDE report with Dec Corn hitting a fresh contract low as stocks surge to a 30-year high. Soybeans also traded sharply lower while wheat recovered...
  • 12 October
    Pandorra Pandorra
    Dear Mr Hansen, would you please share with us your thoughts on the latest WASDE report.
    Appreciate your opinion on cocoa market also. Thank you for further comments....
    12 October
    Ole Hansen Ole Hansen
    Highlights from Bloomberg:
    Hurricane Irma hurt cotton yields in Georgia, the second-biggest cotton grower, more than Hurricane Harvey hurt yields in Texas, the biggest producer.
    Soybean supplies are less...
  • Article / 12 September 2017 at 11:59 GMT

    Grain traders look to WASDE for direction — #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    Grain traders look to WASDE for direction — #SaxoStrats
    The United States Department of Agriculture will release its monthly update on supply and demand later today at 1600 GMT. The August report helped send all three major crops lower when the government raised yield and production estimates by more than expected. A general downward revision is currently expected.
    Read the article
    13 September
    Ole Hansen Ole Hansen
    The WASDE report helped send corn, soybean and cotton lower as yield and production increased by more than expected. Wheat held steady supporting a move higher in...
  • Squawk / 10 August 2017 at 9:21 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    The USDA will publish its monthly 'World Agriculture Supply Demand Estimate' report for August later today at 1600 GMT. Last months report helped trigger a sell-off which eventually saw a complete reversal of the strong gains witnessed during early July.
    Today's report will focus on corn and soybeans as it will include first assessments of the 2017 crops based on field surveys. Analysts are forecasting a lowering of the yield in both crops with a Reuters survey pointing to a cut in corn yield of 4.5 bushels per acre to 166.2 bushels and a 0.5 bushels-per-acre reduction to 47.5 bushels per acre in the forecast for the soybean.
    Open interest, especially in corn, has been cut continuously during the past four sessions as traders ease up on positioning ahead of the report.
    Attached the average survey results from Bloomberg and Reuters
    Read the Squawk
    11 August
    Ole Hansen Ole Hansen
    Yesterday's WASDE report was one big bearish surprise with all components showing a stronger result than the surveys. As mentioned this was the first assessment of corn...
  • Article / 13 September 2016 at 13:11 GMT

    US bumper crop keeps growing, soybeans sell off: WASDE

    Head of Commodity Strategy / Saxo Bank
    Denmark
    US bumper crop keeps growing, soybeans sell off: WASDE
    The September World Agriculture Supply and Demand estimates from the US government continued to support the outlook for another big crop year, not only in the US but also around the world. Soybeans were the biggest casualty while elevated short positions in corn and wheat helped cushion the impact.
    Read the article
  • 1y
    Ole Hansen Ole Hansen
    Plenty of crops to go around but both wheat and corn ending the day higher with funds going heavily short into this report. Hedge funds increased corn...
  • Video / 11 August 2016 at 13:51 GMT

    WASDE is the biggest report of the summer: Hansen

    Ole Hansen
    The World Agricultural Supply and Demand Estimates Report is the most anticipated thing to happen this summer, according to Saxo Bank head of commodity strategy Ole Hansen. It is the first time that the WASDE report will include a survey for expected yields.

    The markets has shown unusual volatility this week and this may indicate consensus among traders, says Hansen.

    He believes that markets may see *fireworks' if the WASDE report differs from the estimates.
    watch video