Grains – Kelley Fornoff Concerns that we won’t reach a trade deal with China and anticipation of a bearish report tomorrow pushed markets lower today. New tariffs on China are scheduled to take effect at midnight tonight. In the meantime, a dinner between US and Chinese negotiators is scheduled for…
Commentary
Free Commentary
By: Dan Hueber – It would appear that more than just the commodity markets have grown uncomfortable with the prospects for a quick resolution to the U.S./Chinese trade spat. Up until last weekend, the equity markets had been steadily climbing, primarily on positive signs that the global economy was on…
Daily Market Comments
By: Dan Hueber – It would appear that more than just the commodity markets have grown uncomfortable with the prospects for a quick resolution to the U.S./Chinese trade spat. Up until last weekend, the equity markets had been steadily climbing, primarily on positive signs that the global economy was on…
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian Grains finished lower as tensions with China weighed over the market. Earlier today we saw some details as to why President Trump sent out the Sunday tweet that shook the markets. Last Friday the Chinese sent over a diplomatic cable that made edits to every major…
Risk Management Update
No new updates Corn 2020/2021 Sell 20% of expected production at 415’0 (Filled 4/12/19) 2019/20 Sell 10% of expected production at 420’4 (Filled 5/1/18) Buy 420’0 CZ9 calls on 50% of expected production at 21’0 (Filled 10/17/18) Offer 50% of expected production at 420’0 futures/HTA 2018/19 We have been 100% priced, but for…