The Final Bell

2-17-23 • Increase talk of new crop beans • When will we see export pace pick up for Brazil? • Complacency for ’23 crop • Increase in input costs from labor, seed for example • Strong spreads • Are we going to stay on pace for exports from the U.S.? • Cattle usually top during February • Highest price for cattle in 8 years • Hogs should be going higher-can’t seem to move

2-16-23 • Very quiet trade • Some light spreading • Some interest picking up in new crop beans • Old crop vs. new crop beans • Are we starting the corn vs. beans argument early? • Bean oil market starting to pick up interest as well • Worries of ethanol plants going dark • Renewable diesel-CA plant • Corn & bean option volatility

2-15-23 -Macro's risk off day today - Mexico Corn - Beans & meal vs. oil - Russia, Ukraine, Brazil, Argentina - Quite cattle and hog markets

2-14-23 • Weather moving through the Midwest • Lower grains • Mexico and GMO corn • Wheat/cotton price • Cattle needs to be watched closer-cash price • Middle of February and fat cattle-seasonality • Are you less bullish on the cattle?

2-13-23 • Nice rally in the wheat continues • Corn sees some major chart resistance • Is $7 coming our way for corn? • What’s going on in the soybean meal? • Beans are overbought • Algorithms traders • Harvest and planting progress in SA • Hogs up $3 • Cattle move higher as well

2-9-23 • Yesterday report leaves a drift • Meal market feeling a squeeze on the board • China movement to Brazil beans • Drop in the KC Wheat market • Lack of corn demand • Argentine crops low but not enough to trade shock • Water levels in the Midwest • Uptick in boxed beef • Hogs have another struggle day

2-8-23 • USDA Report • On going risk with the rail • China demand • Argentina & Brazil • FED & its impact on the macro picture

2-7-23 *Anything you are hoping to hear in the state of the union address tonight? *What is the market expecting from the WASDE report on Wednesday? *Is corn and soybean demand holding up okay? *What does harvest progress look like in South America? *How is the Safrinha corn planting going? *What is South American corn and soybean demand looking like?

2-6-23 • New contract highs on cattle • Will we run out of gas anytime soon? • Feeders pushing hard even with higher corn • Higher cash at the end of last week • Boxed beef was higher again today • Hogs struggle on the later months • Friendly tone going into the USDA report • Goldman Role underway • Crop development being watched with drier weather

2-3-23 *Chinese balloon *If things get worse with China *Soybean meal new highs *Brazil's crop is coming on *Cattle market

2-2-23 Clay Patton filled in for today's show. A strong day in the cattle markets. Kooima looks at what has happened this week to push the market higher. Friday will still be a battle ground as the low from Wednesday could tempt bears to sell the market. Once again this week the cash market is sluggish to near non existent.

2-1-23 Today's show is hosted by Clay Patton. Don Roose discusses grains and livestock after the Fed raises interest rates. Along with a look to South America and other points in the global market.

1-30-23 Why were soybeans so strong today? Are the funds still holding a record meal position? How does South American weather look to you? What does harvest progress look like in SA look like? What is the latest on La Nina? How is demand holding up?

1-27-23 • Evening up going into the weekend • KC was up once again • Beans didn’t want to follow the bulls • Corn was a roller coaster trade • Argentina weather is the debatable item • Export sales for beans • Brazil doing some undercutting on beans • Corn exports are very quiet • Short crop long tail • Where are we in the cattle cycle • Are heifer numbers coming back?

1-26-23 • Hogs turn around • Lack of bids for the cash cattle • Positioning ahead of next Tuesday’s report? • Commitment of trader’s chatter • Ukraine & Black Sea region • Natural gas

1-25-23 • Black Sea region heating up • South America keeping pressure on the markets • Their weather looking better as well • Is there worry about the winter wheat crop • Cattle inventory report • Is there tech support for the hogs?

1-24-23 • Live cattle were up again today • June/August cattle • Weather pattern changing? • Heifer retention slow to recoup? • All the after first of the year chatter on feeders not what expected • Drop once again in the hogs • Is there some spread action on the corn? • Crop development in being watched in Argentina

1-23-23 • Momentum of the trade only focusing on weather • Unknown in beans? Who is it? • Black Sea region • Locking in feed needs

1-20-23 • Markets are very high priced for corn & beans • Wheat looks cheep compared to what they were • Lost yield in Argentina but good in Brazil • Rain truly is making grain for South America • Corn planting in SA • How does the basis look? • Head lower in May/June • Weather & the livestock • Bearish on the cattle-seasonal top

1-19-23 *Were you surprised by any of the adjustments in the WASDE report last week? *How is South American weather looking? *What does Brazilian soybean harvest look like? *Has there been any major changes with the grain corridor? *What are the major factors to watch going forward? *Do you think the corn and soybean markets will continue to work higher from here?

1-18-23 • South America & production decreases • China & COVID • Black Sea

Sue Martin with Ag and Investment joins the Fontanelle Final Bell on a day with grains in the green. Demand was boosted to start the shortened trading week with flash sales and solid export inspections. Despite poor 2022 data Martin is optimistic about the growth of Chinese demand in the future.

1-13-22 Lingering influence of USDA reports - Support for Corn - Soybeans vs. Meal and Oil - Wheat quite, but bullish - Transition of weather focus - South to North - Cattle and hogs mixed - disappointing cash cattle trade - No Markets Monday

1-12-23 • WASDE report • Inflation report CPI • Negative livestock numbers • Feeders held up surprisingly

1-11-23 • Pre-report market action • Will there be any surprises? • CPI numbers out as well • Argentina • Winter wheat seedings • Rail strikes