Grain Comments

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...

Weds. 31st Grain Stocks and Prospective Plantings report End of the Month Planted Acres Trade Est.            USDA 2020            USDA Forum Corn 93.20            90.81                        92.8 Beans 89.99          83.08                        90.3 Wheat 44.97   ...

Thursday 25th Hogs & Pig Report Friday 26th Last Trading Days March options CZ / SX ratio 2.587 China big buyer of Corn total 3.88 mmt which equals 152 million bu. USDA should lower carry below 1.5 Bull spreads were the story from last weeks trade for both corn...

Monday the 15th Expanded position limits NOT daily limits Monday the 15th Crush Friday the 19th Cattle On Feed Still important lows in Feb. would need to hold support. Watch the March contracts numbers for support and resistance for May contacts....