Grain Comments

June 10th USDA Report BIG ONE end of the month Looks still hot to mid week warm with JUST pop showers here and there. Hot and Windy this weekend. Dec. Corn res: 617-621 and a close above 621..possible 654-657 Nov. Beans res: 1458 and 1479.50 possible 1515 Weather...

Weather will be interesting. Some rain the next couple of days then heat builds again. We will see the first crop conditions report Tuesday afternoon. Can we say last weeks lows could be spring lows going into the summer. Time will tell This week should be enough...

China BIG buyer of new crop corn Argo Consult est of Brazil Corn crop 91.1 mmt a cut of 15% and they also cut exports to 26 mmt. down 9 mmt. June hogs had an outside week MHO res is 115.40-115.75 then 116.65-117.10 Trade for grains is all about rain drops right now....

Monday 17th NOPA Crush Friday 21st Cattle On Feed Big moves down Sell the fact after USDA Report Now it's all about weather and acres USDA using 91.1 corn acres. Trade saying more than that. Beans 88.5 We should be higher on both but won't know until the June Report....

Happy Mother's Day to All Wed. 12th USDA Report Friday 14th Last Trading Day May grains June 1st New Cattle and feeder Daily Limits Cattle $5 and Feeders $6.25 Looking at weather IF we were in normal patterns the weather is bearish for new crop corn and beans. We will...

First I'll be out of town Sunday morning the 2nd and back Thursday night the 6th. BIG Daily Limit changes start now: Corn from 25 cents to 40 cents and Beans from 70 cents to $1 etc.etc. Weather seems to be on the cool side BUT some moisture will be around. Need to...

Friday the 30th Last Trading day for April Cattle First Notice Day May grain contracts End of the Month Was one Hell of a week  New Margins Corn + 13% Higher               Soybean Oil +155 Beans + 14% Higher             Lumber +20% Meal + 10% Higher                ...

This is going to be short due to new grandson born Tuesday. So Sunday is fun day. First boy in the family (4 grand gals) and now Elliot Friday the 23rd Cattle On Feed Report Trend is still your friend Grains had a nice tech. week. Weather both US and SA. has help...

April 15th NPOA number and the Last Day Trading April Hogs USDA report on the 9th no real surprises Brazil soybean crop is bigger even with all the rains they have had. Looking at the BULL spreads: SN / SX Res: 146-151 close under 131 Sup: 114-109 CN / CZ Sup: 63-59...

Friday April 9th USDA Production / Supply / Demand 11 am CDT Prospective Plantings Corn 91.1 acres                    Trade Est. 93.1 Beans 87.6                                             90 Surprise / Bullish Right now on breaks new crop Corn and Beans will find...