The Final Bell

Overnight markets set the stage for a Thursday day trade. The talk of certifying acres once again in North Dakota & Minnesota. Choppy trade continues with harvest delays & snow in the Dakota's & Minnesota & wet weather elsewhere. Livestock continue on an uptrend & a knee jerk reaction to the explosion in Dodge City KS.

Lower corn & beans, higher wheat. Crop progress report, some flags from South Dakota gave the national picture a bias. Another storm system is moving in. Some open days to get field work done. Bloomberg story with misleading story. African Swine Fever update. Exports to China. Stronger cattle market.

What are the current factors that the market is watching currently?

Corn and soybean yields & Harvest weather. South American Weather, Chinese Trade Talks. What impact will the snow and freezing temps have on the corn and soybean yields? Do you think the extent of the damage from the freezing temps and snow are fully factored into the markets? How does the harvest weather look to you and what impact do you think that will have on harvest basis levels?

Higher cattle & hogs for a Monday. Second week in a row had cash cattle develop on a Saturday. Is this a new trend? Market higher pulling from Saturday sales. China & U.S. working on a deal-but wanting to work on more items. Significant round of fund buying, chart that has turned up. Feb cattle got above the summer highs. Low open interest. Had a big move-careful it’s a $17 rally-cattle are overbought. Hogs-cash hogs can still go higher. Significant business done with China. December hogs-Brad shares his thoughts. Grains-lack of crop maturity. Train wreck trying to get this crop out of the ground. China’s come back comment effecting the grain markets. Bullish both corn & beans.

Day after WASDE. Highlights of corn & beans. Some of the key points to keep in mind going forward. Until we have a trade agreement, we don’t have a trade agreement. Tough growing season & slow harvest. We got the early frost. Friendly S&D report. Will we see a basis change with the continued harvest delays? 7-10 days in the Dakota’s

Reaction to today's WASDE report. Weather puts a crimp in harvest, demand for beans is better then corn. S&D report also out for livestock. Seeing a lot of nervous action in the trade.

Arlan Suderman, INTL FC Stone, has a trifecta of topics including weather, WASDE and US China trade. Suderman calls the current factors influencing the markets a "pivotal time" noting that the funds are still short most ag commodities.

Markets are higher today, weather concerns building? Late planting of crops how the markets are factoring that in. Busy week in-store with Japan agreement, USDA report on Thursday & next round of China talks. Higher boxed beef, hog trade works to turn around.

Higher corn & lower beans & wheat. Frost concerns coupled with snow at weeks end. South America’s planting underway. Disappointing yields. S&D report due out on Thursday, China will be here for two days of talks…is recent purchases “Good-will” gestures. AFS & China. Cattle see late week sales on Saturday.

Corn & beans finished up on the week. So much going on next week the stage is getting set. From China & conflicting weather models & USDA reports. Seasonal average for corn? Can’t Market on Hope. Great move going in livestock-potential for some positive margins.