9-16-21 *What are you hearing for harvest progress? *Will we see better or worse corn and soybean yields by the final yield? *Where is the export situation at the Gulf? *Why is old crop corn basis so strong and what do you think it will do going forward? *What do you think will happen to the corn and soybean basis after harvest? *What should be done with unsold bushels corn and soybean bushels that need to be delivered to town at harvest? *Should hedges be rolled forward or do you think the...
9-10-21 Grain market reaction to today's report Can we get confidence with this cash cattle market? Bull spreads in the cattle WASDE report does have some meat news Fall run for feeder cattle Herd disbursements
9-8-21 • USDA posts numbers early • How does that set the tone going into Friday’s report? • Is weather much of an issue? • LaNina and getting South America crops planted • Roller coaster cattle market • July export data showed 3rd largest beef export on record
9-7-21 • Tough day all around for the markets • Good weather • Exports • Waiting for Sept. data • Hurricane Ida still holding these markets • Friday’s report-data changes • Bigger private estimates • A cattle push of a week and a half ago has caused for a downfall • BSE in Brazil
9-1-21 • Liquidation phase in the markets • Hurricane Ida • USDA will be reviewing acres before the Sept 10 report • Updated Brazil estimates • Slowing fund liquidation and feeder…some cattle moving a dollar higher • Short holiday week coming up • Canada labor dispute with a hog slaughter plant
8-31-21 • Not surprising to see negative this time of year • Crop size isn’t the focus of the trader • Demand for corn isn’t very exciting • Hurricane Ida • Weather • Conversations with clients-fall basis • Cattle continues to struggle
8-30-21 • Hurricane Ida & the Mississippi • How is the gulf going to affect my prices? • Weather brings the shut off of pivots • Ethanol movement • Cash cattle of last week all over the board-will it continue • Trying to rally the hog prices
8-27-21 • Uncertainty in the cattle market • Disappointment in the kill numbers • Will you miss August futures? • Cash has been all over the board • ASF talk caused for a moment of panic • Grains broke early on the rains • Basis in the country
8-26-21 How would you describe the overall situation in the corn and soybean markets? What do crop conditions and soil moisture look like for the corn and soybean crop? As we approach the end of the crop year, how is export demand looking? Is the ethanol demand holding in okay? What does it look like in South America? What do you think will happen to the futures spreads between now and harvest? What do you think will happen to the basis between now and harvest?
8-25-21 • Markets telling us several things • Rains • Front months are leading-demand story • Bounced off of support levels • Mpls had weakness in the front months • Farmer selling off the combine or holding and waiting • Cattle prices see mixed are we testing those ’16 levels? • Cash Cattle trade disappointing • Hogs are bouncing again
8-24-21 • Corn following beans • Beans took out resistance • Could it all be fueled by the crop conditions report? • Bean demand back in the US • Placing grain orders & storage • Cattle highest since ‘16 • Some cattle correction underway • Pressure building for hogs
8-23-21 • Do we have a normal seasonal headed into harvest? • Is there a fear of shorter numbers? • A lot of grain bids going up in the country • Weather focus-what does it mean for the crop • South America numbers • Is China going to keep buying corn & beans? • Huge packer margins • Friday’s COF results • Hog market has some huge discounts to the cash • Cash hogs trying to come down
8-20-21 • Are the tops in on the grains? • Early harvest pressure? • ProFarmer Crop tour didn’t bring a lot of surprises • Rain in the Midwest • Is the rain bearish for soybeans? • China over buys corn & beans with ASF situation? • Dairy prices • Cattle & meat price-herd liquidation will that continue? • Is now the time to buy feed for fall?
8-18-21 China update with COVID & its impact LaNina starting up again ProFarmer Crop tour-thoughts? Some dry 30 day areas Cattle see higher numbers Boxed Beef trade Trucking shortages in moving processed proteins