Grains – Jeff Kaprelian Grains finished higher across the board on a short-covering rally. As we’ve detailed, funds have an oversize short position we feel they’ll cover as we approach the growing season. Today was just that. The CPC released their updated outlook and predicted wet conditions through Spring. They…
Commentary
Free Commentary
By: Dan Hueber – While not completely forgotten, obsessing over the U.S./Chinese trade discussions has been shifted to the back burner. The two most critical ag topics are without question, the flooding devastation that has occurred in Nebraska and surrounding states and finally, the recognition of the loss in hog…
Daily Market Comments
By: Dan Hueber – While not completely forgotten, obsessing over the U.S./Chinese trade discussions has been shifted to the back burner. The two most critical ag topics are without question, the flooding devastation that has occurred in Nebraska and surrounding states and finally, the recognition of the loss in hog…
Afternoon Grain and Cattle Recap
Grains – Kelley Fornoff Grains were quiet today with the biggest news coming from outside markets as the Fed signaled that there would be no new interest rate increases this year with increasing concerns of slow economic growth for 2019. The Dollar fell almost instantaneously which helped support grains a…
Risk Management Update
Old Crop Corn and Wheat Updates Corn 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 those who have corn left to…