The Final Bell

Another big drop in the markets. From ongoing talks with China to pressure from weather & upcoming August 12th Report. Hogs have had a lot of struggles and fighting limit down trade. PJ also takes a comparison look at prices over the past year.

Lower grain markets-how to find an ag commodity that was positive. Major institutional funds have been bearish these markets since 2018. Will crop tour be later this year because of late planting? Data needed, major chart support. Looking at numbers from ASF.

Markets are lower, China talks, is there forced liquidation in the corn market. Looking Aug 12th report. Could there be a reprieve come August 1st. Not a lot of excitement in the NASS report. Nervous in conversation on crop development. Filling the gap in December corn, will rain be factored in…crop progress tour. Nice recovery in the lean hog index.

Higher grains on a Monday. A lot of prep leading into the 12th. The trade is focused-two weeks from today! Some good news out of China talks would help but otherwise consolidation mode. Not been a good year with weather. Some areas could now use some rain. Excitement for today’s crop progress report. Livestock has been a quiet trade & not going very far. Cash cattle had some struggles this week,

Darin Fessler, Lakefront Futures & Options, discusses the current markets for corn and soybeans. Lots of fundamentals to consider from weather to trade and an August acreage report from USDA. Fessler also discusses current marketing trends in the cash grains.

Not a good close for the grains, more information out on the MFP, August 12th report build up, China, Oversupply of hogs if China doesn't come to agreement,

Most of the chatter is about trade talks, China talking to privet exporters, Most say its to risky. Soft demand due to ASF. Midwest dry out in IA & IL the watched spots. Winter wheat harvest & spring wheat tour underway. Update on African Swine Fever.

Markets are starting to make some sense. Reaction to Monday crop progress report. Ethanol plants & livestock will be competing for grain into October. Trade aid for producers at a minimum of $15/acre. Wrapping up winter wheat tour & starting spring wheat tours. Outlook for the cattle market.

Cattle market had a better then expected week on the meat last week. Demand was good, movement was better. Cattle on Feed Report. Packers big margins. Trade helped by what goes on in the south. Such a complete absence of negotiated cattle on the south. How does that effect in the north? August cattle? Short term some excitement, long term has some struggles. Expansion faze over? Is there follow th...

Higher grain numbers to finish out a Friday. Market drove up today was there anything positive coming out of Asia & China. A lot of pressure for the week because of weather. Where is the market, where is it going into the August 12 crop report? What do we do with the crop in the field hold or sell and thoughts on world demand? Higher Chinese prices looking at the hogs large amounts of hogs.- cattl...

Weather has been top of mind both from a grain & livestock perspective. Even though lower, a decent day for the soybeans. Exports were considered a disappointment. Harvest wrapping up in South America. Cattle prepping for Cattle on Feed Report due out on Friday with cash expected to take place after that.

Some reports out there getting attention including ProFarmer saying prevent plant 12 ½ million acres. Numbers expected to go higher as applications arrive. Market advisory firm plane view taking pictures showing current status of the crops showing holes, skips, undeveloped fields. So now what? Why isn’t corn higher? Heat & corn pollination. Will basis remain strong for corn & beans? Cattle getting...

Shawn Hackett, Hackett Financial Advisors, drives home that 2019 does not resemble any analog data currently available in the last 100 years. This means producers are in uncharted waters. Hackett also looks at US/China trade and what the funds may be thinking.

Grain markets took a dive on a Monday, wheat took a tech led trade, rainfall & heat being talked about. Different stages of crop growth being recognized by the markets. Cash cattle is higher, while hogs try to come back into the positive.

Higher grains, WASDE report of Thursday. Weather moves back to the front burner. Delta south flooding, tropical storm coming into the Gulf, heat in the Midwest, all factors being tossed into the market trade for a Friday. Roller coaster livestock market.

Higher grains for a Wednesday anticipation of tomorrow’s report, change in the weather models, soybeans have started lead the grains, soon weather will be the dominate factor. June 28th report was a “throw away report” is the next on the same way? Do we need to move past to get to the August report. ASF-pegging lost production at 45%, bottom line there as been a flood of information coming out on...

Don Roose, US Commodities, breaks down today's grain and livestock trade. He previews Thursday's report for grains and why livestock saw such a big rally today.

Cattle had first day of goldman roll, Brad being bullish cattle. Higher cash is possible this week. Could see tighten supplies…in part winter struggles still hanging on. Boxed beef could break a bit. Hogs are impossible, back to levels that are below with ASF begin. Not selling any less. Hogs in Europe at record highs. Long summer of arguments, algo rhythms traders out of touch with country. Short...

Higher corn & wheat, but soybeans took a hit. EPA & 2020 announcement, did that take a toll on the beans? AFS effecting the soybeans. Traded wanted to reverse the buys beans & selling corn trend. Crop tour corn belt.

Markets closed early for the 4th of July holiday. Higher numbers to finish the trade day. Latest is Chief Economist told Bloomberg last weeks numbers into WASDE So what does that mean to the grain markets. Acres vs. yield & August 12th. Risk exposures & develop a plan. Vietnam have a vaccine for ASF? Triple digit losses in the feeder cattle.

Late pollination 10 days late here, east much later. Crude oil is lower. Finally getting past the crop report. Crop progress report wasn’t a lot in showing, Nebraska/Iowa the garden growing areas. Quieter on the live cattle. Feeders reacting to corn how will cash be influenced. Hogs need to get pushed through with not a lot of demand Maybe a grill or two will be fired up.

Trade is stuck trying to digest the USDA report of Friday. Exports haven’t been great & weather has been bearish. Feed usage side guys need to take advantage of this break. On the fat cattle side we might have a low. Hog market almost limit up-are the positive about China?

A lot of confusion & questions in today’s USDA report.

How has the corn trade looked to you this week? What do you think soybeans will do from here? Do you think there will be many surprises from the quarterly stocks report? What do you think the planted acreage report will say? How many acres of prevent plant do you think we will end up with for corn? What combination of acres and yield do you think the corn market is pricing in? Do you think we have...

Weather factor, Trump making news on the China trade talks, USDA report on Friday, what will those results mean? Prevent Plant with haying & grazing opportunities. Struggles in the hog market, feed cattle market finished limit up & reason’s behind that.