7-26-21 • Weather-nerves with warm weather • Balance sheets • Struggle • Charts with 4th waves • Traders market both bulls & bears are getting beat up • Look how much has changed in 6 months • Will basis have any changes considering current weather/crop feels?
7-23-21 Markets seem to bring a slow day Weather will be a factor for both grains & livestock Front end on the near future looks lower Demand is understated South American weather Long term demand will be bullish Cattle market is stuck in a range Supplies will tighten Will COVID reign people in? Cold storage kind of friendly
7-22-21 Why did we see the big pull back in corn and soybean prices earlier today? What is causing the big ranges in trade? Are there factors that could get more attention going forward? How is the best way to compare supply and demand info from one year to the next? Do you think corn and soybean prices are undervalued or overvalued according to supply and demand information? What do you think crop condition ratings will do in the report on Monday? How do our current soil moisture and crop...
7-20-21 • Weather • Crop ratings • Corn & bean production • How tight inventory is • Carryout • How is this crop supply different from the past 7 years? • Global pressure on our production • Strategy vs. the outlook on cattle prices • How does the producer handle pricing on feed stuffs in the current market?
7-16-21 Weather Crop conditions going into Monday Smallest demand numbers on the year Canada crops Brazil booking corn from Argentina Russia is dry Wheat in Minneapolis was the market leader Seasonal downturn coming for wheat-but will it work? More up in hogs before we could sell them Cattle are struggling to get out of their own way Charts are not spiffy on cattle
7-15-21 Markets pricing in weather concerns Early week report didn't set up much in the market trade ECB weather & crops ND Crop has had issues Corn & bean basis Soft tone to the exports Feeder cattle adjust to what corn is doing Live cattle is caught in the middle
7-14-21 • China buying U.S. beans • Primary reason for higher grains, is the weather next 10 days hot & dry • More detrition in corn & bean crop conditions • Update on Brazil on their crops • La Nina talks • China happenings • Hogs & China • Why is Texas so deep in the cattle?
7-9-21 *Why did we see the big pull back in corn and soybean prices this week? *With the rains that are forecasted, will that be enough rain to finish the crop out? *How will USDA determine the yield for the crop report on Monday? *What is the market expecting for the WASDE report on Monday? *What do you think the crop report says on Monday? *How does the basis levels look for old crop and new crop corn and soybeans? *How close do you think corn and soybeans are getting to finding a bottom...
7-7-21 • Interesting price action today • Weather pushed yesterday’s sales • How do the markets relate to each other? • Rain to this point & going forward • Livestock looks at export data for May • Why was there pressure then today in the markets? • Hurricane Elsa
7-6-21 • Time of year that we see what we see • Rain models were a big driver • Crude oil was down hard that amongst others led to pressure • Ethanol & energy taking it on the chin • E15 long term effects • Feeder cattle movement with drop in corn • Is the support there for the lean hogs? • Past the 4th-next big holiday is Labor Day
7-2-21 • Weather outlook through end of July • Frost in Brazil • Deflationary episode that could happen this fall & China • E15 turn around • Hurricane Update-does that bring Midwest weather • Dairy looses food box program-it takes a toll
6-29-21 • Potential outcomes from acreage and stalks • Corn & bean spreads • June report weighs heavier than other reports • Ethanol fears with refinery waivers ease • Cattle seeing some consolidation going into this report tomorrow? • Holiday trade & processing
6-28-21 • Cattle influenced • Some fund rolls • Long term are we going to be, okay? • A lot of females coming to town • Heading into a holiday weekend? • China looking for hogs? • Trade dominated by July forecast • Markets & extreme temps in the PNW • A variety of reports due out this week • Weekly crop progress report
6-24-21 • Weather mixed feast or famine • What is beneficial out of the storms & what is not • How does CME look at all of this? • China is buying again • Is it hard to be long the market when it’s raining? • USDA reports next week • Buying spring wheat, winter wheat, Chicago • Sing song on the grain vs. feeder cattle market • Buying cattle • Struggle drop in hogs
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?