The Final Bell

Doug Simon, Tredas, discusses the possible reasons behind the grains big rally on the day. Simon also goes over ways to capture the gain in prices today.

Mike Zuzolo, Global Commodity Analytics, surmises wheat's bounce could be technical with the May contract going off the board. Zuzolo expresses his thoughts on USDA's corn and soybean data. Along with why China might blink first in current trade negotiations.

Lower grains, trade talks are not going well. President says until we have a trade deal, we don’t have a trade deal. Poor weekly export sales, WASDE report says heaver then a month ago. Put in come contract lows, but still didn’t finish at the low. Opportunities in the market-do we need to go look for them?

Markets are not looking good today with double digit lower trade, Everything being driven by trade, will soon start to focus on something else, maybe that will include WASDE, weather update on the dairy industry

Markets trade back to lower numbers after a positive overnight trade. Grains not as bad as the past couple of days, trade talks & the current status. Friday WASDE Report, market expectations, weather & what we are seeing across the Midwest & South American weather. ASF Update & the mixed trade of the cattle.

What is the latest on the Chinese Trade Talks?

Are you thinking we are getting closer to a trade deal with China?

What role are the fund positions playing in this market?

How does planting progress look?

What does the weather look like over the next couple of week?

How important is the WASDE report going to be on May 10th?

a. What are you expecting for changes in Acres?

b. Are you expecting any changes on the yields that are used?

Lower grain markets. One positive outlook is that it could have closed. A huge chunk of the markets has to do with the President’s threats with China. Actions of the day trade were much better then what we saw in the overnight trade. Weather continues to be wet. Mississippi River flooding. Corn/Beans ratio KC wheat was a bright spot Downtrend continues in the cattle.

Darin Fessler, Lake Front Futures, starts in the livestock trade. Triple digit losses in cattle continue to point towards fund liquidation. Grains continue to watch weather. Fessler believes late May could get planted in a hurry if conditions improve.

Adding insult to injury. Cold and wet in the midwest. Fundamentals switching corn to beans? Any trade deals with China, Japan? Soft corn exports. Funds on the livestock

Higher corn & wheat, lower beans-which is understanding how bad the fundamentals are. Markets are all about ASF, trade war & planting delays. MAY 1 is here. Which means more reaction from planting delays.