The Final Bell

Shawn Hackett of Hackett Financial Advisers talks about China's trade retaliation and the week's strong volatility. Plus cattle's rally to end in the green and dairy.

Another down day in the grains markets…we knew they were coming but not ready to accept it. To the point when trade would say we have problems with trade. Short Covering in cattle, meal & HRW. Why are hogs not moving lower with the meal? Mexico-they are still taking our pork.

Big drop in the soybeans & wheat…a lot to learn over the past couple of days. Big gain yesterday in corn with a slight drop today. EPA Administrator Scott Pruitt is traveling the Midwest, what does that mean for the corn market & ethanol? The wheat harvest continues from the south with not so positive yield numbers. Cattle prices have seen pressure in the feeder complex. Hogs see some positive trade.

Bullish corn demand driven market with tariff talks & fears…could we loose demand? Trade talks/NAFTA & its effects on the markets. USDA’s WASDE report. Harvest pressure for the wheat. Waiting on the cash development for the cattle.

Don talks about not a pretty picture in the grains with a dramatic kick to the downside. Dominate issue is weather & trade. The funds that were long in the market figuring out what to do. Is the top in the market? Look for cash cattle to pick up later in the week. Don also highlights what current outlook is for the hog market.

Darin talks about beans & corn the struggles weather still in charge! Strong trade for the feeders. Hogs working towards a strong finish, but still dealing with looming trade issues.

Adam talks about crop damage, progress & its market effects, wheat harvest & weather threats. Hurdles of cattle.

Arlan talks about the drop in the corn & beans. Heat is good for the corn. Wheat harvest is underway. Not good in some areas. Eb & flow of fund support for the commodities with pressure of late. A listener question on trade & how its viewed & effecting the markets. How Mexico's recent tariff's are being seen by the pork markets.

Some follow through from corn & wheat…not so much in the beans. China & the recent talks of the past couple of days will increase purchases. Dollars effects on the markets. Crop ratings-where does it go from here? New crop corn & soybeans usually see their highs around this time. Risk management-now is the time to focus on cash sales & 90% of the time the best marketing times over the next 6-8 weeks.

Mike talks about the drop in the grain markets. Is it over? Early June time period we see some selling & walking away from the grains. Russia’s wheat & China’s corn drought being ignored. Some rains might hit Australia. US & European model difference. Prices at the river tough with high freight rates.