6-22-21 *How would you describe the current situation in the corn and soybean markets? *With corn and soybean conditions going lower, why is the market going lower? *How do the current crop corn and soybean crop conditions look? *What do the top soil and subsoil moisture levels look like? *Where are we in steps of a weather market? *How is the corn demand for ethanol looking? *What are your thoughts on next weeks planted acreage? *Are you expecting any surprises in the quarterly stocks...
6-21-21 • Beans are up on the trade • End of the month acreage numbers as we head into the second ½ of yr • Ethanol margins-short term demand is solid • RINS in the 1.6 billion worth of credits • Hogs are bouncing, but futures haven’t caught up yet • Does higher feeders set the tone for this week?
6-18-21 Rollercoaster of a week in markets Latest Drought Monitor Weather Trading the new limits Lack of info from the wheat harvest Current on numbers weights are starting to drop Foreign demand for grains & proteins
6-17-21 • Limit down corn • Crazy tough market day • How will the cards all fall back into place? • China limiting • Fed statements • Risk off environment • Biden Administrations & biofuels • Brazil & the corn crop • Nebraska to be a grain hot spot? • HOT weather & cattle • Better for cash cattle • Boxes will move lower • Hogs have limit down trade
6-14-21 • Hot temps • Tough day for the grains today • Will continue to be a weather market • Brazil reneging on corn? • How do you be disciplined with these markets • Warmer temps & winter wheat • Cattle markets & the grain trade
6-11-21 • Rain that moved into Iowa • RFS from the Biden Administration-caught market off guard • Day after WASDE report • Winter Wheat movement • Spring wheat will be the leader • Cattle saw a big moves • Feeders reacting to lower corn
6-10-21 • USDA Report • Big move in old crop beans • Crush numbers…are the beans there • Imports for beans- 20 million have yet to be imported • Aggressive reaction to the report hit the beans • Marketing in a weather-related market • Is the hog market going to hit highs of 2014?
6-7-21 • Warm temps-crop development • Strong ethanol margins, RIN value hot • Strong global demand • Brazil to China…huge exports of beans out of S.A. • Demand market with a weather component • Winter wheat took the lead overnight • Employment at the packer • Demand for beef for huge • Hogs have been on fire • Packers making, boxed beef & what producer is getting • Long term in the cattle industry
6-4-21 • JBS Cyberattack • Cash market continues to limp along • Oversupply of cattle in Kansas & Texas • Demand is nothing short of outstanding • Customer wants to buy • Hogs are running on fumes • Blend of technical • Influence on the negative-building in the weather • Basis softening on the corn • Could see a run at the old highs for corn • Soybeans getting a head & shoulder feel
6-3-21 *How does the condition of the corn crop compare to past years? *Is the market concerned with the current weather conditions? *What are the main factors impacting this market at this time? *How does a weather market develop? *What stage in the weather market are we currently? *How is export demand holding up? *Is ethanol demand for corn doing okay?
5-27-21 • Nice turn around in the grain markets • No real weather issues…so what does that mean for summer? • Volatility continues in the trade • No cancelations from China • Volume wasn’t as good as it was on Wednesday • Heading into a holiday weekend • Grain basis • Weekly exports numbers • Don’t change your thought process with these markets • What do we need for BPA in corn & beans?
5-26-21 • Eb & flow continues as we try to find value • China buying/looking rumors • Trading technical, need to look at long term fundamentals • Anticipated size of the U.S. crop • Grain purchases for China with ASF
5-25-21 • Just remember markets can go higher & lower than people think • Could we price in a big acreage number? • Weather market, but as we see it can rain in drought areas • What are the charts telling us? • Trading bearish-how long will it last? • Is there a chance to ride this out? • China tone with commodity prices • Secondary run in the markets? • Could we have seen the highs for the marketing year? • Bean market struggle bus
5-24-21 Big break in the markets · Normal process of marketing’s in May for the bears · Tight supplies-does that worry you? · Ethanol margins improve slightly · End of the bull market has been over exaggerated · China purchases last week-what does the actions say? · Don’t rush to the exit to soon · After May Gov’t is moving away from buying dairy · Good time for livestock guys to get some good feed prices · Lower prices for cash cattle?
5-20-21 *What are the items that the market is the most concerned about? *Is the market still concerned about Brazilian corn? *Who will supply the corn that Brazil is short? *Are our export inspections doing okay? *How are exports sales doing? *Why is China buying so much corn? *Is the corn demand for ethanol holding up okay? *What do you think corn basis levels will do going forward? *Why has the soybean basis dropped so much lately?