The Final Bell

Tough times right now, from outside market pressure into the grain & livestock markets. CME will halt floor trade after Friday the 13th. Livestock is a bigger issue with the market trade.

Grains continued to go back to the lower…weakness will continue due to no real story to keep it going into the positive. End of March reports. South American Harvest-how is it moving along. Negative impact of the virus and demand. Coronavirus will continue to keep its hold. Livestock Coronavirus vs. ASF

Turn around Tuesday. Will it push into tomorrow? Dow & dollar moved back higher. Crude is also coming back Nothing exciting in the WASDE report. More rains expected in South America. Ethanol demand heading into summer & Coronavirus concerns. Livestock market sees turnaround as well. Hogs may have made a low on the June contract.

Another down day…grains, livestock & stocks. A lot of fear factor being built in. Crude oil continues to fall…explain in relation to corn. March 10th USDA WASDE Report. Soft export market continues. Chicago wheat the only market to see some positive trade numbers. Feeder cattle lock down & struggle …following the equities as they follow what happens in the Coronavirus news. Seen some solid demand in the hogs…but there is a lot of supply out there.

Grains drop again on the day. Beans struggled to finish out the week. A Friday market feel that followed the stock market. Is this going to be the trend going through the November election. Movement of crops in South America. Some talk of lower yields. Livestock…Coronavirus and the cattle market.

Markets looking at twitter talk on spreads and what those spreads mean. Is basis strong. A bounce in corn. End of month report. Stock market. Ethanol demand. Cattle fundamentally bullish with workings to bring more money back to the producer.

How do the corn and soybean markets look to you?

Where were the markets last year at this time?

Why did the Corona Virus put so much pressure on the markets?

Do you think we have seen the worst of the Corona Virus?

What is the market going to be focused on going forward?

Corona Virus?

March Quarterly Stocks and Prospective Planting at the end of March

Spring Weather forecasts (Prevent Plant)

Corn – Exports and Ethanol Demand

Soybeans – Export Demand

How does the US weather look over the next couple of months?

How much prevent plant do you think there will be?

How does the corn export demand look?

How does the ethanol demand look currently?

Brian Splitt, Ag Market.Net, looks at the factors behind why the grains were shielded from the sell off of the outside markets. Splitt also looks at the current market cycle and pattern just ahead of the WASDE report. It may be a good idea to market grain just ahead of the report.

Cornavirus…that’s the big thing effecting markets. Corn market & producer pricing. They need to make that decision TODAY with first notice day tomorrow. Same thing happened in September & December. Cash Pressure. Fear of demand is what’s killing the livestock today. The paring of the stock market and the cattle market. Oversupply hogs…waiting for China to buy hogs. Interconnectivity throughout the world.

Thoughts on the cattle market. Geo Political & Cornavirus keeping a hold of the markets. How the politics and global work together. Feeder cattle stabilize-could we have seen a stronger rally. Liking the hogs. Grains stabilize rally could be coming. Argentina raised their export taxes on soybeans. Combine of corn still going on. Stock market. There is an end to the chunk of news…but not soon enough