The Final Bell

Grain’s for the most part saw an uptick in the market continuation from yesterday as they continue to digest the weekend happenings. Stock market is not taking it all as positive news. Will there be a second round of payments for producers? Russia/Ukraine and wheat, South American Soybeans. Additional buyer support for cattle. Grains & Livestock will be trading tomorrow.

G20 Summit had market reaction…should beans of been higher. Buy the rumor sell the fact. Orders got filled in the overnight. Should now be the time to get orders in? Hogs took a drop as they react to the grain overnight & day trade.

USMCA, G20 a lot going on in the market trade to bring some optimism to the trade day. Lower crude oil, lower gas prices…effects on ethanol. Livestock react to grain prices

Down day in the grains, the markets focus is on the G20-first reaction to the Saturday meeting will be the Sunday overnight. First notice day tomorrow. No weather concerns in South America. Russia dispute on the wheat. Weather moving in. China buying pork from the U.S. part of the work towards a limit up trade. Evening up liquidation ahead of end of month for cattle.

Rally before the 11:00 hour on Wednesday. Then right after 11 we saw a drop in the dollar, crude drop, a speech released finds money flow effecting prices. Weekend line up-big picture wall of worry could see two thinks that could change it FEDS or a trade deal or strong movement towards one at the G20 meeting

Beans turned around to finish to the higher. DDG’s remain poor on prices-how does that effect the ethanol plants. Cash remains strong for cattle.

Big drop in the soybeans. G20 Summit not all it was talked up to be leading into the meeting later this week. Final harvest pressure. In less then 2 months Brazil will be marketing their beans. China imports of beans from Brazil nearly doubled from last year.

Brad Kooima, Kooima & Kaemingk, discusses why cattle and hogs ended in the green. Kooima also looks into if the gains can continue into the first week of December.

Arlan Suderman, INTL FC Stone, discusses the trade a day prior to thanksgiving. Soybeans end in the green, but Suderman see's plenty of downside potential. Suderman also discusses the current state of the economy.

Mike Zuzolo, Global Commodity Analytics, discusses how spread trade may have helped bring soybeans back to the green. Zuzolo also points out how a global economic slow down impacts markets.