Monday 17th Presidents Day (markets closed open at night) Today the 15th is China's 30 day period after signing Phase 1 deal Now let's see if they buy anything this coming week. They want to use the "virus" as a delay measure BUT. Friday they brought corn a small...read more
Tuesday the 11th USDA report Trade Est. Corn 1.864 vs. USDA Jan. 1.892 Beans 443 vs. USDA Jan. 475 Wheat 954 vs. USDA Jan. 965 Corn / Bean ratio 2.331 (low for the yr.) Start of the yr the ratio was 2.431 Feb Ins. Avg Corn 391.75 & Beans 916.75 (1st week of Feb.)...read more
Super Bowl Weekend China New Year will be over Sunday. Sunday ALL is expecting there trade when opened that night will reflect the Corona virus (lower markets) The Year of the Rat Last year they had ASF (African Swine Flu) US Tariffs Now "Virus" Thank God we just have...read more
Chinese New Yr. Started on the 25th for a week. Year of the Rat China/US Phase 1 deal signed on the 15th. 10 days China may start to buy pork and other meats. 30 days after the signing soybeans. Coronavirus/ effects on meat and grain trade. Time will tell CZ/SX ration...read more
Monday 20th MLK Day grains closed 22nd Cold Storage Report 24th Cattle on Feed Report China Ag. minister suggest 202 Bean imports could improve from 2019 levels LY imported 88 mmt. Trade agreements and Pres. Trump is 3 for 3 They will give underling support to grains....read more
Tuesday the 14th January grain contracts off the board USDA Report 1) Yields higher / Corn 168 vs 167 and Beans 47.4 vs. 46.9 2) Production higher/ Corn 13,691 vs 13,661 Beans 3,558 vs 3,550 3) Quarterly Stocks Corn 11,389 vs Dec 18 11,937 Beans 3,252 vs 3,746 4)...read more
Friday the 10th USDA Report 15th White House ceremony Phase One deal with China Golden globe meal to go meatless to raise environmental awareness Feb. Cattle has double top at 127.90 which happens to be very near the High for the year of 2018 127.95. March Corn Trend...read more
Happy New Year to All 2020 just got to be better than 2019 Dec, 31st Last day of trading Dec. Cattle Corn and Beans have made new weekly Highs the last 4 weeks (Higher Highs each week) Trends: 1) After Xmas the trading on the 26th, 11 straight yrs. March Corn has...read more
Merry Xmas to all and to your families Dec. 23rd Monday Cold Storage Report 24th Grains and Livestock close early (12:05 and 12:15) Reopen on the 26th 8:30 cdt Change for the month: CH / +6.50 CZ / +10.75 WH / +.50 WN / + 6 SH / +47 SX /...read more
Check the date guys. It's almost here Are you ready? HO HO HO Did we now put a floor under the grain market? Great positive news for a BIG change of pace. USMCA Phrase 1 with China US Dollar softening Also new today Argentina's new gov't. hikes export taxes Funds ARE...read more
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