Monday 23rd Cold Storage Report
Friday 27th Hogs & Pig report
Monday 30th USDA Grain Stocks & end of Month and Quarter
*China brought soybeans as stated they would
*S. Korea confirms 2nd case of ASF (African Swine Fever)
*Informa 2020 numbers
95.1 mil. acres of corn / yield 178.7
84.2 mil. beans / 51.4
(Do we really care this early)
Cattle on feed report looks bullish for Feb. and deferred futures.
Please look at last weeks comments for more grain numbers listed.
ALL Livestock and Grains are still closing above there 4 week avg’s.
There Parabolic numbers are still in the buy breaks mode.
Support : 366 & 363.50 & 359
Resistance: 375 & 377.50-379.75 & 385-388.50
50 day ma = 392.50 then next res. 396.75
Support : 877.50 & 874.75 & 865.50
Resistance : 884.75 & 890 & 895.50 & 900-903 & 911.50 & 920.25
Support : 103.85 & 102.25 & 101.22
Resistance : 106.15 & 107.45-107.90
Remember there is gaps above the Dec. corn and Dec. Cattle contracts