The Final Bell

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.

Growing degree days heading our way. Lower grain numbers for a Thursday. So many factors yet to play into this market including more weather from hot & dry to early frost. 1993 grain charts. G20 Summit, dollar is under pressure, a lot going on that can take its tole on the market trade.

Higher grain trade for a Monday, with weather starting to warm up in the western corn belt. Still have weather issues. Friday’s report will start to weigh in on the markets. Short crops long tail… Hog market Is taking a dive-fearful of the highs of April & hopes and risk premium being taking out of the trade. Is there a demand problem?

Lower Friday trade, a lot of volatility in the market place, weather & lack of growing degree days. Many USDA reports coming out including one on the 28th. Come to a discovery on price. Lower yields, lower acreage but not a lot of talk on the demand side. Top countries we are negotiations trade with Japan, China, Mexico, Canada and Russia.

Row crop rebound, double digit beans, above normal precipitation and a cooler forecast has brought less growing degree days. Bins are staying closed with old crop with hopes of higher prices later this year. Cattle & hogs had a tough trading day, feeder cattle lower in part because of higher corn.

Lower grain numbers once again. Double digit losses in beans & wheat. Computer trading & its effects on the market. Adverse weather years are drought years, but not this year not a lot of history on how to trade a excessively wet year so computers are becoming difficult to trade. Pressure in the cattle market.

Raining again, crop progress report, mixed grain prices. Did the corn market get ahead of itself? How are we with commercial buying? Demand & exports. South American currencies are cheaper. Feed demand for fall.

Higher numbers, but are we hitting the demand side? Is there some underpinning of the soybean market? Waiting for the weekly crop progress numbers from NASS on a Monday afternoon. Rain to the east, hail in Nebraska & waiting for the wheat harvest. Is feedstocks for fall a big concern? Triple digit gains in the cattle market.

Higher grains…more wet weather moving in through the Midwest. Lacking growing degree days. Insect concerns in corn and beans. Disease issues are starting to creep. Prevent Plant, marketing with uncertain yields. How do the livestock guys deal with the grain issues. Steer weights are down.

Why is the corn market up so strong today? Why is the soybean market moving higher? Since corn has reached new highs for the move, where are the next levels of resistance? What amount of acres of prevent plant and yield do you think the current prices are pricing in? What would have to happen for the corn market to go to 5.50 December corn futures? What do you think USDA will do with the corn yiel...

Beans were up which is a good thing. Weather will continue to be a talk when trying to get the crop in the ground. WASDE report day after reaction. Nebraska is the hot spot for good looking beans. Hogs being liquidated in China, some cleansing of the hog market.

Grains have reacted to some positive news. Also have to realize what the USDA does with these early reports. Not enough information to give a true number. Robbing peter to pay paul on the early numbers. Will we see a reduction in the next report? First condition report came out on Monday & we are no where near where we can be come August/September. Lots of volatility and new weather patterns could...

Don Roose, US Commodities, breaks down the latest trade news between the US and Mexico. Roose also gives his unique insight into South America and how quickly their ag industry is advancing.

Finishing off the week on a negative grain numbers. Outside market influences including trade talks with Mexico & waiting on China. Weather eastern corn belt OH IN IL, trying to get seed in. Losses in the feeder cattle market.

Planting progress, prevent plant and upcoming USDA reports. Unknowns with Mexico & China when it comes to trade.

Lower grain prices, delay in planting, corn being imported from Brazil NE & IA are the “Garden States” IL to loose 2 m acres of corn, “Perfect growing season” won’t help. Size of the corn crop…imports out of Brazil. ASF Update