The Final Bell

11-11-21 • Soybean growth in South America • Beans blew up to the upside • Ethanol margins are huge • WASDE didn’t give us anything new • Some profitability still there on corn • Numbers on cattle will continue to tighten • Hogs-what’s going on with their cash?

11-10-21 *Disconnect between cash cattle optimism and cattle futures apathy *Attitude in the hogs seems to be turning positive *Grain traders further digest WASDE *Wheat leads corn higher *Inflation influences

11-8-21 • Report is out tomorrow • Summarizing since October report • Pre-report estimates • Will we have extra bean acres in ’22? • Outside market includes including silver • Can cattle continue to be in the driver’s seat?

11-5-21 *Soybean market struggles during the week *Corn & wheat follow beans lower *Cattle producers in the drivers seat on bids

11-4-21 • Beans had some struggles • Corn • Wheat • Dollar • Fertilizer run • Cattle trade • June hogs of next year

11-3-21 • Fed statement ahead brought a broad selloff • COVID in China causing some concerns • South American Weather • StoneX latest customer production survey • Stumble of earlier this week with feeder cattle

11-2-21 • Many didn’t see the rally coming • How do we take advantage of prices? • Is South American pressure on our markets? • Elevator talks • Hogs had some bad cash news • $7 swing in feeder cattle

11-1-21 • Cattle feeders saw some sizeable volume • How does that set the tone for the week? • Can we push the cash market higher this week? • How does the feel of last week vs. this week? • Gas is taking a jump, shipping issues will this mean a pull back at the meat counter • Higher corn on a Monday

10-29-21 *Oats wheat on fire *Corn ramping up *What about the beans? Will they ramp up? *China & trade *Bullish fundamentals in cattle & hogs-have the hogs bottomed *High grain no hay-now what?

10-28-21 • Midwest weather & wind • Biggest surprise in the trade was the wheat market • Barge freight rates • Soybean’s struggle • Any basis issues? • New monthly low in the dollar • Cattle waiting on more trade • Hogs look at stronger export trade

10-27-21 • Feedlot dares to pass a bid • 126-127 on the bids • Are we getting leverage back on the cattle? • We need to watch the slaughter numbers • Finally moving past all the tech issues at the plants • Boxed beef going higher • Very low open interest • Hogs suffering a lack of perfect demand • Grains see corn have a big day • Wheat is high • Oats continue to move higher • Inflationary movers •...

10-26-21 *Overall trend in the markets *Are we in a downward trend? *Do you hold corn/beans going into the new year? *Any weather concerns? *Export buying? *Was wheat frustrating for you? *Lack of demand bring heavy weight hogs *ASF & Russia *Big surprises still talked about from placement numbers *50-day moving average for cattle

10-25-21 *What did you think of the market action today? *Were you surprised by corn being unchanged today with soybeans and wheat being higher? *How did the export shipments for corn and soybeans look to you today? *Do you think corn and soybean shipments will pick up? *What do you think corn and soybean harvest progress will be like in this afternoon’s report? *How is planting and weather in Sou...

10-15-21 • Long term WASDE didn’t chance the market outlook • Soybean crush numbers • Closing bean numbers for the week • LaNina and effects on the markets • Harvest activity • Planting activity in Brazil • Funds and their positions

10-14-21 • Markets still digesting the report • How much demand will affect the trade? • Growing crops in South America • Basis continues to rally • Improving ethanol margins • Marketing through harvest • Input costs for ‘22 • Triple digit gains in live & feeder cattle • Export market trade for livestock

10-13-21 - Commodity-wide sell-off in grains and livestock - Energies and Veg Oils - Inflation indicators and longer term impacts - Export capacity, containers, and freight rates - South America planting update - Cattle and Hogs caught in the slide today

10-12-21 • WASDE Report • USDA raised some price projections • Stagnant cash trade • Price of beef in the store can people still afford to it • Pork side of the trade and global markets • Some cash trades today • Big drops in the soybeans

10-11-21 • 12’s changed to 11’s very fast on the beans • Pre-report day feels • Coal prices • China buying pork • Mad cow in Great Britain

10-8-21 • Indecision in the markets • More data coming next week • A lot of lack of follow through in the markets • A lot of outside market influence • Energy markets adding pressure to the grains • Expectations on next week’s report • Dollar influence

10-7-12 • Grains moved higher • Have an October report coming up with some early report estimates • China has been on holiday • Inflationary talk will we see it play out in the grains? • Balance sheets around the world • Some weather concerns in South America • Bright trade with the livestock with green on the screen • China a bigger buyer of beef-appetite is there • Some bullish fundamentals in t...

10-6-21 *Inflation expectations & ag *Updated yield estimates *South America crop update *China and power outages how that could impact soybeans

10-5-21 • Corn closed lower then what was wanted • Soybeans made up some time • Are markets in a downtrend? • What is the conversation with growers? • Store vs. elevator • Next week’s WASDE report • How is South America doing on planting? • Basis for grain? • Is there buyer support in the cattle market?

10-4-21 • Slow Monday • Chinese resolutions team • Harvest is underway • Cyber concerns • Counter party risk when marketing • Next week’s WASDE Report

10-1-21 • Harvest progress • Grain basis holding • Army worms & wheat • Cattle market

9-30-21 *What does the quarterly stocks report tell us? *How is the quarterly stocks report created? *Any surprises from the Quarterly stocks report today? *How did the corn stocks look for Nebraska and Iowa? *Are the soybeans stocks lower than last year in Nebraska and Iowa? *What does the larger soybeans stocks mean for the 2020 soybean crop? *What does the larger corn stocks mean for the 2020 c...