Back to back weeks of massive slaughters should put pressure on bellies and Dec futures. We want to sell.
Grains/Oilseeds
CBOT markets were weaker in the overnight on better than expected conditions and China concerns. Slow US harvest should support.
CBOT markets were weaker in the overnight on better than expected conditions and China concerns. Slow US harvest should support.
The Swine Times 10/14-10/18
Dynamics will likely change early next week with a frost in icy US-China relations scored Friday. Is this really over? Or just intermission
Chinese trade talks are off to a confusing start.Some call for a “mini deal” being in the cards, some expect China to leave by lunch
Chinese trade talks are off to a confusing start.Some call for a “mini deal” being in the cards, some expect China to leave by lunch
Weather, WASDE and trade talks will be the theme in the week ahead
Weather, WASDE and trade talks will be the theme in the week ahead. Buckle up, by Friday we could be looking at different market dynamics.
The Swine Times 10/07-10/11
The Chinese visit to Washington will dominate the trade toward the end of the week. Look to cover bear spread action in Dec,early this week
Corn and beans look to test 4 and 930, but a breakout is unlikely before WASDE/trade meetings next week
Corn and beans look to test 4 and 930, but a breakout is unlikely before WASDE/trade meetings next week
The Swine Times 9/30-10/4
Hog futures are rallying with Japanese and Chinese trade in mind. Futures need continued positive given record (growing) US supply seen Friday
Exports were not impressive for corn or wheat, decent for soybeans and cotton
Wheat higher, corn, beans and cotton lag. Exports were not impressive for corn or wheat, decent for soybeans and cotton
Corn and Minny wheat markets rally on weather,the rest of the CBOT and cotton are weak
Corn and Minny wheat markets rally on weather,the rest of the CBOT and cotton are weak with outside markets concerned with leadership change