The Final Bell

7-26-23 *Inflation is the word of the day *Wheat market reacts to volatility *Good reasons for beans trading like they are today *No demand story for corn or wheat *Feed usage for livestock *Heat hitting cattle *Prop 12 weighs in still

7-25-23 *What do you see as the main drivers in the market at this time? *What would happen if Ukraine isn’t able to ship anything out of the country? *How did the crop condition rating look to you? *What do you think the rating will do next Monday? *How does the soil moisture look to you *Anything on the demand side that is standing out to you?

7-24-23  Geopolitics in our markets  Rice is an important market to talk about  Energy markets & fertilizer  South American prospects for the crop cycle  Major turn in dairy with limit up action

7-21-23  Grain markets which direction?  Weather good, demand, crop outlook  Unrest in Ukraine/Russia  Global unrest  Profit taking  Cluster storms  Crop size-crap shoot at the moment  Energy prices  Is there a top in the livestock?  Big reversal on the 12th of July

7-20-23  Weather dominates  Black Sea region still an issue  Need to respect these markets right now  Weekly export numbers  Basis movement  Lower cattle-even with lower corn

7-19-23  Weather concerns next week?  Black Sea Grain Initiative-headlines  Markets lower Monday & then exploded  What could happen in the overnight  Markets having trouble holding gains  Higher corn & lower feeders  Tough economic times for pork

7-18-23  Weather is key  Today’s trade was a market gift  Northern IA/MN has concerns  High volume trade  Is Dec corn about overbought?  Black Sea taking a back seat?  Is there uncertainty with the feeder cattle & hogs?  Big cattle report out on Friday

7-17-23  Lack of follow through after last week’s strong close  Where is the weather premium at?  Negative wheat influences the corn  Russian Ukraine Deal  Lower dollar  Mixed cattle

7-14-23 *Low volume & open interest *Weather concerns moving forward *WASDE week reactions *Ethanol margins *Grain Initiative in Ukraine *Waiting on the cash cattle *Feeders & corn moving together *Pressure for hogs

7-13-23  Whip lash from the markets today  Volatility in the trade  Not a lot of open interest on the corn  Did we have a WASDE over reaction?  Weaker dollar  Wheat production & yield numbers  Hogs still rally  Seasonal rally in the cutouts  How is packer interest for cattle  Why did we sell off so hard on Wednesday?  Where are we in the cattle cycle?

7-12-23  Dollar collapses  WASDE Report  Rally in Wall Street  Much bigger winter wheat crop  Bearish reversal on the August cattle

7-11-23 *What are the factors driving the market? *How do the corn and soybean crop conditions look? *What does the Top Soil and Subsoil conditions look like? *What are the most important parts of the WASDE report to be watching tomorrow? *What are the expectations of the report? *How will the corn yield be determined? *What do you happens to demand?

7-10-23  Nice move up on beans  It is a quiet market  Outside markets have more movement  WASDE out on Wednesday  End of day it will come down to weather-crop looks good  GFS looks wet  Cattle higher

7-8-23  Upcoming WASDE  What kind of adjustments will have to be made  Will there be resurveys on the beans?  Mexico buying corn  Rains  Crop ratings come Monday will be interesting  Hogs are trying to make a top  Cattle & feeders are waiting on a top

7-6-23  Through the first half of summer  Where do we sit post USDA reports  Wheat turns lower after a Wednesday bounce

7-5-23  Wheat was a big mover  Why almost limit up?  Disappointing day for corn-can’t hold gains  Hogs might have broke out of a head a shoulder bottom  Has the rally in the beans kept the basis more steady?

7-3-23  Follow through buying on the cattle  Bear spreading in the cattle  Aggressive hog market  Commercial sell pressure  Corn could not hold on to gains  Will crop ratings start weighing in?  Follow through on beans  Holiday trade week-how quiet will it be?

6-30-23  New highs in feeder cattle  Is there volatility working in?  Puts in the move higher  Video sales coming up  A lot of activity in both directions-but end of fiscal quarter  How will the open interest look like come Monday  No markets on Tuesday  USDA stocks & acreage report  Dryland & corn

6-29-23 *Why are the corn and soybean markets down so hard when the crop conditions were lower this week? *How do the moisture conditions compare to past years? *What are the corn conditions like compared to other years? *How have the corn yields done in comparable years? *What are the conditions like in IL? *What is the market expecting for corn acres tomorrow?

6-28-23  Grains betting on rain  Wettest models have looked for a summertime in awhile  Winter wheat yields  Russian surface is quiet but underneath not so much

6-27-23  Not all in with this being a weather market sell off  Grain stocks report  Is the dollar holding off a low?  Hogs & pigs report on Thursday  Cattle turnaround

6-26-23  Slow trade day to start the week off  Position squaring ahead of big report on Friday  GFS Models-rain  Dry land worries/crop conditions  Russia/Ukraine  Drop in cattle

6-23-23 - RAIN CHANCES VS. PERFORMANCE - SUPPLY VS. DEMAND - TRADE VALUES VS. YIELDS - ETHANOL AND DOMESTIC USE - FEEDER CATTLE TOPPING? - HOGS TRYING TO REBOUND

6-21-23 Arlan Suderman of Stone X joins the Fontanelle Final Bell midweek to look at an aggressively higher grain market. With the weather bulls in charge Suderman looks at the demand side of the market to see if the bears are waiting to fight back.

6-20-23  Three-day weekend post trade  Cattle trade struggles  Follow through on the feeder cattle  Feeders worried about drought?  Consumer push back on proteins yet?  Beans on the struggle bus but they wait for August rains  Corn futures mixed  Weekly crop progress-any surprises?