Soybeans– Soybeans sold off on Thursday, with some profit taking place after a rally earlier in the week. The US has a price advantage over Brazil do to a weaker dollar, but China keeps buying from South America. CONAB estimated Brazil’s production at 169.65 mt, below the previous estimate at 170.5. Argentina’s crop was estimated at 50.2 mt, up 2%. …
5 Minutes on the Markets – 08/14/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live and Feeder Cattle both closed higher on Wednesday. The trend are still up, fundamentals still bullish, in my opinion but markets seem uncertain. Producers worried about the typical seasonal weakness, which we haven’t seen yet, may wish to consider Put …
Soybeans Rally Again After the August WASDE
Soybeans– Soybeans continued their rally today, following yesterday’s reversal higher. China has made significant soybean purchases from South America the last 14 days, despite Trump asking China to 4x their soybean imports from the US. The August WASDE showed a yield increase as expected, while acreage was cut by 2.4 ma. The USDA’s decision to lower acreage brought down ending …
5 Minutes on the Markets – 08/13/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle markets remain strong and accelerated higher following the USDA’s crop report yesterday. Both Live and Feeder Cattle closed as if they have their sight set on new contract highs. Lean Hogs are trying to rally, perhaps in sympathy with the …
The USDA Raised Its Corn Estimate to 188.8 BPA, Sending Corn Lower
Soybeans– Soybeans started the day sharply lower due to Trump extending China’s tariff deadline yesterday. After the WASDE report came out at 11am, soybeans moved sharply higher finishing the day up 21 cents in the September contract. The yield was adjusted to 53.6 bpa versus 52.5 bpa in July. Production was decreased from 4.335 bb in July to 4.292 bb. …
5 Minutes on the Markets – 08/12/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle futures started the week with a positive close, following Friday’s large sell-off. A lack of immediate follow-through selling, has me thinking that the bulls are still in charge. However, a close below yesterday’s low in Feeders and Live Cattle would …
Soybeans Rally After Trump Calls for China to 4x its US Soybean Purchases
Soybeans– Soybeans made a large move higher today, closing up over 20 cents. After the markets closed, it was reported that President Trump granted China a 90-day extension to the tariff deadline. Since the announcement was made after the grain markets closed, the overnight session will show how the market views this news. The August WASDE report will be released …
5 Minutes on the Markets – 08/11/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Feeder Cattle closed limit down on Friday. Live Cattle were also sharply lower, but not limit. Both of those markets have expanded limits today of 13.75 and 10.75, respectively. Lean Hogs were weak, as well, but not nearly as much as …
Wheat Higher on Friday, Corn and Soybeans Trade Lower
Soybeans– The next USDA report is coming up. The August WASDE will be released on Tuesday. Weather has been favorable all season long, but now there is some discussion of sudden death syndrome in some soybean fields. Soybeans were lower again today, with no weather premium being added. Analysts are expecting a slight raise in yield on Tuesday. Despite the …
5 Minutes on the Markets – 08/08/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New contracts highs and closes in Live and Feeder Cattle. Very strong rallies this week may spur some Friday profit taking, but the trend and fundamental remain bullish in my estimation. Perhaps consider buying on dips in price. Lean Hogs closed …