Soybeans– Soybeans traded slightly lower following the rally after Friday’s WASDE. According to IEM estimates, parts of the central Midwest including parts of Missouri and Illinois are at their driest levels on record for the past 30 days. Other forecasters have the central Midwest at the top 10 or top 5 driest level in the past 133 years. The eastern …
5 Minutes on the Markets – 09/15/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle both closed lower on Friday, with Feeders taking the larger losses. In the short-term, the bears seem to be in control of these markets, but the Long-term trend is still bullish, in my opinion. Lean Hogs …
Corn and Soybeans Rally After the September WASDE
Soybeans– Soybeans traded 11 ¾ cents higher after today’s report. Area planted was increased from 80.8 ma to 81.1 ma. Area harvested was increased from 80.1 ma in August to 80.3 ma. Yield was lowered from 53.6 bpa to 53.5. The production estimate for new crop soybeans is now 4,301 mb. Exports were decreased from August at 1,705 mb to …
5 Minutes on the Markets – 09/12/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle both closed higher on Thursday, posting higher highs and higher lows relative to Wednesday. 5-day moving average resistance is just above both those markets, and if the break higher today, that may put the bulls back …
What to Look For on Tomorrow’s WASDE Report
Soybeans– The WASDE report comes out tomorrow morning. The average estimate for soybean yield is 53.2 bpa, compared to 53.6 bpa in August. Analyst estimates for soybean yield are 54.0 bpa on the high end and 52.4 bpa on the low end. Acreage is expected to be unchanged at 80.1 ma. The average estimate for soybean production is 4,262 bb, …
5 Minutes on the Markets – 09/11/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! **I’ve been having some technical difficulties with YouTube over the past 2 days, my apologies for yesterday’s video being delayed and not posted until today. Allegedly, the tech issues are behind me now** Live Cattle posted lower lows/high yesterday, as did …
5 Minutes on the Markets – 09/10/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! **YouTube deleted my account overnight, for reasons known only to them. I have successfully appealed and the videos will be restored. If you’re trying to view past recordings and they’re not there, please be patient. I’ve been told by YT that …
Wheat Trades Lower After Russian Drones Were Spotted in Poland Yesterday
Soybeans– Soybeans traded lower on fears of the USDA lowering new crop exports. Reportedly China has already made purchases for 94% of their October needs and 15% of their needs for November. China has been making the majority of their purchases recently from Brazil. Trump was granted a fast-track on his ruling for his recent tariffs, with arguments starting on …
Can December Corn Breakout Above 420 Ahead of Friday’s September WASDE Report
Soybeans– Soybeans had a small move lower today just like corn. China’s government approved a new GMO variety of soybeans to enhance their production. Domestic production is a small part of their typical supply but it emphasizes China’s focus on a supply chain they control. China has also made significant investments in South America, particularly Brazil, to boost their Ag …
5 Minutes on the Markets – 09/09/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle futures started the week mostly firmer. The October Live Cattle contract was the only one to finish mildly in the red. Technical indicators have been losing strength, but the trend is still up and fundamentally bullish. Having said that, both …