The Final Bell

9-23-21 • Recovery in prices • Yields • When is the low coming in the markets? • Some export purchases announced • China 2021 vs. 2022 • Cattle struggles

9-22-21 • Commodities lifted higher Evergrand story brings positive news • Reuters tried to kill the markets today with biofuels story • Some bull spreading the markets today • South American Weather • Open harvest weather • Soybean focus • Disease problems in corn • Struggles in cattle buying

9-21-21 *Outside Markets - hangover from Chinese real estate/financial situation *China on holiday.... returns to trade tonight *Early yields/basis - Will Harvest '21 return to more seasonal pattern or repeat '20? *South America/Australia update *Cattle/hogs in opposite situations *Preview Cattle on Feed report

9-20-21 • Chinese slow down • Deflationary movement can be expected this fall • Stocks also got hit hard on a Monday • Harvest underway • Now is time for livestock producers to lock in feed • Cold winter is forecast • Lows for cattle are they there?

9-17-21 • Early morning trade had some struggles • Start of harvest • Some elevators taking higher moisture corn-worried of need? • Basis now through storage season • Gulf clean up continues • Dollar trade • Are we catching our breath? • Will this week’s low hold in cattle? • How is demand headed into fall? • How friendly is the 4th quarter? • Buying light weight calves-issues?

9-16-21 *What are you hearing for harvest progress? *Will we see better or worse corn and soybean yields by the final yield? *Where is the export situation at the Gulf? *Why is old crop corn basis so strong and what do you think it will do going forward? *What do you think will happen to the corn and soybean basis after harvest? *What should be done with unsold bushels corn and soybean bushels tha...

9-15-21 *Harvest Yields already a disappointment *Corn ethanol production *Is the carry in the market telling us anything? *Why higher prices today?

9-14-21 *Fundamentals of the trade *Hurricane clean up with more worries on the way *Oats Knows *How do you market corn & beans if you haven't done so yet? *Fund Positions *Quarterly stocks

9-13-21 • Getting ready for harvest • Gulf export update • Pent up export demand • Final stretch to harvest • Cattle still sees the struggle • Hogs continue the down trek

9-10-21 Grain market reaction to today's report Can we get confidence with this cash cattle market? Bull spreads in the cattle WASDE report does have some meat news Fall run for feeder cattle Herd disbursements

9-8-21 • USDA posts numbers early • How does that set the tone going into Friday’s report? • Is weather much of an issue? • LaNina and getting South America crops planted • Roller coaster cattle market • July export data showed 3rd largest beef export on record

9-7-21 • Tough day all around for the markets • Good weather • Exports • Waiting for Sept. data • Hurricane Ida still holding these markets • Friday’s report-data changes • Bigger private estimates • A cattle push of a week and a half ago has caused for a downfall • BSE in Brazil

9-6-21 During a Labor Day special, Jeff Peterson looks at the effects of Hurricane Ida on the grain industry.

9-3-21 weekly grain moves - Hurricane Ida impacts linger - grain exports supportive - '21 crop finishing and harvest logistics - tough week for cattle - WASDE Sept 10 preview, other market focus after Labor Day

9-2-21 • Update on the Gulf • Brazil harvest numbers • Basis • Cash prices • Cattle trade • Export Sales for proteins

9-1-21 • Liquidation phase in the markets • Hurricane Ida • USDA will be reviewing acres before the Sept 10 report • Updated Brazil estimates • Slowing fund liquidation and feeder…some cattle moving a dollar higher • Short holiday week coming up • Canada labor dispute with a hog slaughter plant

8-31-21 • Not surprising to see negative this time of year • Crop size isn’t the focus of the trader • Demand for corn isn’t very exciting • Hurricane Ida • Weather • Conversations with clients-fall basis • Cattle continues to struggle

8-30-21 • Hurricane Ida & the Mississippi • How is the gulf going to affect my prices? • Weather brings the shut off of pivots • Ethanol movement • Cash cattle of last week all over the board-will it continue • Trying to rally the hog prices

8-27-21 • Uncertainty in the cattle market • Disappointment in the kill numbers • Will you miss August futures? • Cash has been all over the board • ASF talk caused for a moment of panic • Grains broke early on the rains • Basis in the country

8-26-21 How would you describe the overall situation in the corn and soybean markets? What do crop conditions and soil moisture look like for the corn and soybean crop? As we approach the end of the crop year, how is export demand looking? Is the ethanol demand holding in okay? What does it look like in South America? What do you think will happen to the futures spreads between now and harvest? Wh...

8-25-21 • Markets telling us several things • Rains • Front months are leading-demand story • Bounced off of support levels • Mpls had weakness in the front months • Farmer selling off the combine or holding and waiting • Cattle prices see mixed are we testing those ’16 levels? • Cash Cattle trade disappointing • Hogs are bouncing again

8-24-21 • Corn following beans • Beans took out resistance • Could it all be fueled by the crop conditions report? • Bean demand back in the US • Placing grain orders & storage • Cattle highest since ‘16 • Some cattle correction underway • Pressure building for hogs

8-23-21 • Do we have a normal seasonal headed into harvest? • Is there a fear of shorter numbers? • A lot of grain bids going up in the country • Weather focus-what does it mean for the crop • South America numbers • Is China going to keep buying corn & beans? • Huge packer margins • Friday’s COF results • Hog market has some huge discounts to the cash • Cash hogs trying to come down

8-20-21 • Are the tops in on the grains? • Early harvest pressure? • ProFarmer Crop tour didn’t bring a lot of surprises • Rain in the Midwest • Is the rain bearish for soybeans? • China over buys corn & beans with ASF situation? • Dairy prices • Cattle & meat price-herd liquidation will that continue? • Is now the time to buy feed for fall?

8-18-21 China update with COVID & its impact LaNina starting up again ProFarmer Crop tour-thoughts? Some dry 30 day areas Cattle see higher numbers Boxed Beef trade Trucking shortages in moving processed proteins