The Final Bell

Wheat feels double digit losses to open up the weeks trade. Soybeans are able to hold onto the green at the close. Troy Nielson of Smart Yield looks at the factors influencing the trade. Nielson also gives his thoughts on current cash marketing and possible risk management opportunities.

Will get caught up on numbers in reports on Friday-how much has that weighed in on the market. Is there some spillover pressure on the corn coming from beans & wheat? Wheat continues to struggle. Dollar weighs in on the markets. Sideways range-trade talks stalls and well its February.

Hogs have had a rough go on expanded limits and still pushed the level earlier in the day. China dumpling issues, the rumors of tainted feed in Canada. Still in the bull weather market for cattle. Seasonal move ready to take place.

Not a good day in the grains! This break had not much to do with the China talks. What the heck is going on with the wheat market? African Swine Fever-might not be able to off set the loss demand. Consumption walking away?

Quiet Friday headed into a long holiday weekend. Some liquidation in the trade, but good to not see that move into a Friday. China might be moving forward-but didn’t have much market effect. Weather in the US & South America. Hogs front month keep holding. Is there a seasonal low in place? China/Mexico & their need for supplies. Cattle-tough winter-already priced into the market. Stress to growth. A lot of protection being put on.

Weather concerns as we head to spring planting first in the south. Will wetter conditions & heave snow as well to the north slow down the planting? Chinese trade talks continue, Corn & soybean quarterly stocks now & moving forward. Supply & demand for corn & beans for the 2019 crop.

Increased volatility. Logistics on the Mississippi River. Good growing conditions in South America. Watch early corn pollination/ China trade Austrian struggles with cattle loss. ASF in China.

Lots of snow-what does that bring for spring planting. Light buying returns to the corn market. Ethanol margins remain poor. “Next” meeting is coming with China with high anticipation. Will the shutdown happen? How has that effected the markets. Australia has gone from drought to flooding. Though it doesn’t have a direct effect on the U.S. it really does as Australia trades with China. Triple digit gains in the hog market.

Mixed grains for a Monday. Cattle market moves to the higher. Cash market was considered “ok” there was a few cattle traded at $1.27. Deliveries bring some confidence to the market. Weather has been and will continue to be an issue including a super low in Hawaii supportive to the front end of the markets. Short term demand is fine. Getting a touch overbought. Hogs-some hope out there, look at the April contract. China driven & lack of demand. ASF sees more spread. Grains-corn reaction to last weeks report. Buy corn? Beans kind of like a bad date with China.

Lower corn, higher beans & mixed wheat. Report from the USDA was quieter then many had expected. An in-depth look at the Friday report numbers. Livestock didn't pay much attention to the report. Cattle to the upside.

President Trump is "Highly Unlikely" to meet with the Chinese President. Big report tomorrow and markets saw a quieter day in preparation for the numbers. Still getting 2018 information from the USDA as seed is being delivered in the south. Choppy cattle, demand is slow & there is the need to move stuff out of the freezer.