As news unfolds of a possible trade deal with China Jeff Peterson, Heartland Farm Partners, looks at what could happen to the markets going forward.
Peterson addresses the question as to why the USDA didn’t change the corn or soybean yield in the December WASDE and what could happen in the January report. Peterson also looks at the other supply and demand factors influencing the markets and how producers may utilize the current conditions in their marketing plans.
How do the corn and soybean markets currently look?
Is the slow harvest pace having an impact on the markets?
Does the market care if a Trade deal is done with China
Do you think a trade deal with China will get done before the next round of Tariffs on December 15th?
What do you hear coming out of the BRICS meeting a couple of weeks ago in Brazil?
How does South American Weather look?
How does corn demand look?
How does soybean Demand look?
Where do you think the market goes from here?
How did the corn and soybean markets do for the week? Does the market care if a Trade deal is done with China?
a. Yes Initially.
b. Depends on the deal after the initial move.
Do you think a trade deal with China will get done in the next month? Did your opinion on the market change after the crop? What will the market be watching going forward?
a. South American Weather
c. Chinese Trade Talks
d. US Production
8. How does corn demand look?
How does soybean Demand look? Where do you think the market goes from here?
What are the current factors that the market is watching currently?
Corn and soybean yields
South American Weather
Chinese Trade Talks
2020 Marketing decisions on seed purchases