Grain Comments
Saturday, Jan 18th, 2020
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....
Sat., Jan. 11th, 2020
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)...
Sunday, Jan. 5th, 2020
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...
Monday, Dec. 30th, 2019
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...
Monday, Dec. 23, 2019
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 /...
Sunday, Dec. 15th, 2019
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...
Sat, Dec. 7th, 2019
USDA report Tuesday the 10th Seasonally not a big market mover. But times are different Keep and ear and eye open for Dec. 15th. Higher or add on tariffs date from the US to China Kick the can down the road again??? China is trying hard to show good faith. Watching SA...
Sunday, Dec. 1st, 2019
Cattle market did very well printing a 4 week high. We will see if the cash can move towards the Dec. futures. Weather could have played a part in the late week rally. Time will tell. US corn now competitive with SA. Let's see Monday's action and need to see a higher...
Sunday, Nov. 24th, 2019
11-23-19 Happy Thanksgiving Enjoy the day with family and friends Travel SAFE Wednesday full day of trading. NO trading on Thanksgiving night. Grain trade and livestock on Friday 8:30 am cdt. Here is the Cattle on Feed numbers: On feed avg. est. 101.4 USDA 101...
Sunday, Nov. 17th, 2019
Friday the 22nd Cattle on Feed report Cold storage report Dec. options expire No new news Slow harvest Strong basis Wet Corn Field lost Low test weights LP shipments US/China phase 1 agreement. One day, someday Trade working on the seasonal for grains. Inch lower...
Good Luck and Good Trades
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