The Final Bell

1-10-23 • Cattle weights are on the forefront • But remember will very depending on location & weather • Goldman roll underway • Higher grains taking is it toll on livestock? • Cash cattle markets seeing some passing on offers • Hogs been in the pits with the double edge storm • Cold storage backup? • USDA report on Thursday

1-9-23 • Pre-report market expectations • Soy complex as a whole making a “summer” high • Soymeal movement • Wheat concerns compares to 2008 • Feed stuff perspective on the grains

1-6-23 • Soybeans turned around • USDA report next Thursday • Corn & Wheat markets • Cattle market deals with weights & weather

1-5-23 • Holiday week ahead of a full week next week • Rough week overall • But cattle on Wednesday did well, but feeders did give some back • Live cattle dealing with indecision • Some early cash movement • A lot of feed to get to the first of June • Boxed moved lower • Struggle in grains-but remember what the past two weeks have been like • Chasing the bean meal

1-4-23 • Grains struggled • What happened year end into new year • Jan 12 report • Weather in Argentina & harvest underway • Cattle markets rally

1-3-23 • This is not how were to start the new year out • Taking back some rally of ‘22 • Lower energy market • Crude dumped $3 • Argentina still dry • First quarter of ’23 for grains & livestock • Higher boxed beef • Livestock struggles on the first trading day of new year

12-30-22 • What a year 2022 was for grains & livestock • Many have wanted to hedge on this week’s rally • Chinese aggression with Taiwan • January report • Beef movement • February ’22 into today on this cattle market • Hog thoughts into ‘23

12-29-22 • South American weather • Energy data out today • Waiting on the cash • Daily slaughter numbers big on hogs light on cattle • Highlight/lowlight of ‘22

12-28-22 • Impressive performance of grain & oilseeds • End of year is here • Grain money flow • Don’t argue with the charts • Harvest has started in South America • China & COVID • Did the markets take notice on weather & KC wheat?

12-27-22 *Why did soybeans trade so strong earlier in the morning and then weakened as the day progressed? *How did the corn market look to you today? *What does South American weather look like? *Is harvest moving along in Brazil? *What are the main factors to be watching for the corn and soybean markets? *What do you think the corn and soybean markets do going forward? *Is there an area where ad...

12-23-22 • Heading into the Christmas holiday break • Cross currents in the markets • Grain markets that are fundamentally dealing with tight supplies • South American crop-Brazil doing great dry in Argentina • Brazil record bean crop • U.S. crush demand • Wheat is seeing a quiet winter-no new supplies for the next 5 months • Winter kill concerns • China & geo political • Tough days for cattle guy...

12-22-22 • Last full week of ’22 trading • Weather system with the cattle got stuff riled • Still really waiting on the cash • COF & H&P tomorrow • Tech selling • Stock market is it a holiday trade • Sell areas for corn • Artic blast on the wheat

12-21-22 • China update • South American weather • Ukraine President visits U.S. • Can they produce & export grain • Winter wheat & cold weather • Winter weather & cattle

12-20-22 • Not ready to rollover in soybeans • Meal market is strong oil is rebounding • Weather in South America • Dollar is down due to Japan • Cattle on Feed H&P Report • Let the holiday feel start • Volatility • Midwest weather

12-19-22 • Grains trading lower on the day • Outside markets have energies higher • Beans moving lower on Argentina weather • Meal tried to rally early Monday morning • Entire market is just plain tired • How do we look at new crop corn & beans • Macro stuff matters right now • Reminder of global wheat-beyond your field • Winter weather moving in once again to more areas • Some cattle opportunitie...

12-16-22 *How did the market action in the corn market look to you this week? *What did the market action in the soybean market look like this week? *Is corn and soybean demand doing okay? *How concerned are you about corn demand for ethanol in the longer-term? *How does South American weather look? *What do you think corn and soybean production is doing in South America? *How is corn harvest goin...

12-15-22 • Soybeans traded lower • South American weather good for Brazil • Crush filling up into February • How is dollar effecting the export market? • Market rallied on the forecast coming in for cattle

12-14-22 • Fed talks • Stocks rallied this morning • China & COVID

12-13-22 • CPI data • Stock market aggressive reaction to the CPI • Dollar traded lower mid-session • Inflation has cooled off • Are we moving to a deflation? • Current Argentina weather • Russia vs. Ukraine • We need to see oil for diesel as a long-term trade for fund mgr • Lock in fuel needs for spring

12-12-22 • Slaughter level in cattle down a bit last week • Are there tighter numbers ahead for the cattle market • Weather concerns • Boxed Beef Prices • Volatile market • Cash is sluggish • China has some sour prices • Beans took a drop • Weather in South America-watch Argentina • How has soybean meal been trading? • Corn & wheat trading together

12-9-22 • WASDE Report-usual uneventful December report • Dry weather in Argentina • Good cop bad cop market trade • Dry U.S. weather • Corn how long can they ignore Brazil’s corn crop • Fed meeting next week • Milk price movement • Is cattle volume low?

12-8-22 • Longer term trends are to the downside for corn & wheat • Beans are trying to stay resilient-but the leash is getting tight • Argentina on the supply side for corn • Wheat sees large numbers from Russia & Australia • Overall, how is the world balance sheet? • Is demand going away faster than supply is? • How far is China behind on grain purchases? • USDA report out tomorrow, sell the rum...

12-7-22 • Wheat was past due for a correction • Weaker dollar • Wall street fund managers have concerns • Will we see feds increase interest rates • Weather systems bringing concerns for livestock

12-6-22 • Cattle market sees some seasonal weakness • Should you have protection in place? • How about year end? • Hogs also traded lower • Two full weeks of trading then its holiday mode • Corn struggled • Beans turned themselves around

12-5-22 • Beans couldn’t hold their positive numbers • What is going on in the wheat market? • Dollar finding some strength • Export opportunities • Rail strike averted how did markets react? • Cheaper corn & livestock • Cash cattle potential