Wed. 22nd Cold storage Report
Friday 24th Cattle on Feed also Friday Last Trading Options (Aug. short dated options)
Refer to my comments last week July 13th
Most numbers are the same
Big change has been the China buying of Soybeans and Corn. They have really step up. Could it be cuz of the 2 mil. plus people with the virus in Brazil?? They did ask 2 meat plants not to export.
There are gaps to fill in corn on the up side. BUT we need to see support hold on breaks if the gaps are to be filled.
We are still counting the rains drops to help the corn crop. Eastern corn states are seeing some rains last week and this week again.
Lets put a smile on our faces Baseball is Back this week.
Please call for any help I may offer to your questions.