The Final Bell

A lot of confusion & questions in today’s USDA report.

How has the corn trade looked to you this week?

What do you think soybeans will do from here?

Do you think there will be many surprises from the quarterly stocks report?

What do you think the planted acreage report will say?

How many acres of prevent plant do you think we will end up with for corn?

What combination of acres and yield do you think the corn market is pricing in?

Do you think we have seen the highs in the corn market?

Weather factor, Trump making news on the China trade talks, USDA report on Friday, what will those results mean? Prevent Plant with haying & grazing opportunities. Struggles in the hog market, feed cattle market finished limit up & reason’s behind that.

Growing degree days heading our way. Lower grain numbers for a Thursday. So many factors yet to play into this market including more weather from hot & dry to early frost. 1993 grain charts. G20 Summit, dollar is under pressure, a lot going on that can take its tole on the market trade.

Higher grain trade for a Monday, with weather starting to warm up in the western corn belt. Still have weather issues. Friday’s report will start to weigh in on the markets. Short crops long tail…

Hog market Is taking a dive-fearful of the highs of April & hopes and risk premium being taking out of the trade. Is there a demand problem?

Lower Friday trade, a lot of volatility in the market place, weather & lack of growing degree days. Many USDA reports coming out including one on the 28th. Come to a discovery on price. Lower yields, lower acreage but not a lot of talk on the demand side. Top countries we are negotiations trade with Japan, China, Mexico, Canada and Russia.

Row crop rebound, double digit beans, above normal precipitation and a cooler forecast has brought less growing degree days. Bins are staying closed with old crop with hopes of higher prices later this year. Cattle & hogs had a tough trading day, feeder cattle lower in part because of higher corn.

Lower grain numbers once again. Double digit losses in beans & wheat. Computer trading & its effects on the market. Adverse weather years are drought years, but not this year not a lot of history on how to trade a excessively wet year so computers are becoming difficult to trade. Pressure in the cattle market.

Raining again, crop progress report, mixed grain prices. Did the corn market get ahead of itself? How are we with commercial buying? Demand & exports. South American currencies are cheaper. Feed demand for fall.

Higher numbers, but are we hitting the demand side? Is there some underpinning of the soybean market? Waiting for the weekly crop progress numbers from NASS on a Monday afternoon. Rain to the east, hail in Nebraska & waiting for the wheat harvest. Is feedstocks for fall a big concern? Triple digit gains in the cattle market.