Tag Archives: weather

Crazy week of reports.  From the January 10th report, Phase One, USMCA…but still beans had a rough week.  Shows volatility & one needs to be prepared.  Last 60 days we have been in a tight range.   Ethanol margins remain tight…China even mentioned ethanol in Phase One.  South American weather & current harvest.  Hogs could see the boost from the trade deals.  There is money to be made in the cattle market right now.

Grains saw a bounce in the corn, China deal still needs to be inked out.  South America has good weather in Brazil-putting added pressure to bean demand, Argentina has been hot & dry.  Soybeans have had some oversold levels.  Bullish to the beans.  Basis to remain strong going into 2020.  COF report out on Friday & cash cattle thoughts.

 

 

China & the status of the agreement & 50-billion-dollar trade talk.  USMCA vote.  Weather in South America.  Timing of Chinese purchases…does it include ethanol?  How much of the rally a rally vs. a money flow?  Holiday feel set into the markets.  Winter wheat concerns looking at some dryer weather.  Cattle & hog fundamentals.  Waiting for cash cattle.  Is cattle weights a concern?

 

Lower grains in the trade.  Big trade factors today include the FEDS Statement, Brexit & China tariff deadline.  What will happen between now & Sunday with China & how will the markets
continue to watch.  Brazilian weather for the most part is pretty good.  Argentina has some heat, but showers are possible.  Livestock ASF, getting reports of an uptick in breakouts in China-not official but being talked about on the ground.