CHINA, BRAZIL, HARVEST & POSSIBLE OUTCOMES
AUDIO COMMENTARY
Cattle finding some resistance here
Grains mostly sideways
We are still in USDA report range
Optimism in China situation as China lifts some tariffs which is friendly going into the meeting
Positive news for ethanol demand
Ethanol exports headed for a record
CONAB has Brazil stocks getting smaller without any hiccups from the Super El Niño
If you are not forced to make sales be patient
If you did an accumulator or contract and now you are oversold. How do you correct that?
Huge report at the end of the month
Harvest results will be important
Harvest stories haven’t been promising
This crop still feels smaller than USDA says
Crop ratings increased, if they start to increase week after week then that would be a reason to be nervous
Is there enough supply to meet demand?
There are several ways for corn to go much higher, but be comfortable knowing you cannot predict the outcome
$4 or $7 corn are both very possible
What are your yields telling you?
Listen to today’s audio below
Want to Talk?
Our phones are open 24/7 for you guys if you ever need anything or want to discuss your operation.
Jeremey & Office: (806)484-1214
Sebastian: (605)280-1186
Email: sfrost@dailymarketminute.com
Hedge Account
Interested in a hedge account? Use the link below to set up an account or give us a call.