October 2015


Arlan Suderman Market Comments

Friday, October 30, 2015

The Kansas wheat crop is off to a slower than normal start due to dryness as the crop approaches dormancy. Similar conditions are seen across many areas of the southern Plains, although recent rains to the south should help the crop to develop with ample time ahead of dormancy. Eastern areas of... Learn More →


Morning Dairy Comments

Friday, October 30, 2015

Asian Dairy Companies Surge as China Dumps One-Child Policy http://bloom.bg/1M5aFSQ It will take at least several months before the new Chinese policy affects demand, and prices http://bloom.bg/1KIAe75 Including dairy exports in retaliatory measures could provide the leverage that both Mexico and... Learn More →


Morning Dairy Comments

Friday, October 30, 2015

General Market News · S&P is up 9% this morning · Senate passes debt limit and budget bills http://goo.gl/sFi9ys · Ag Secretary Vilsack declines to say no to cuts to crop insurance http://goo.gl/nS2BzD · Select Milk Producers to create milk processing plant in Texas http://goo.gl/WMfZ69 ... Learn More →


Morning Livestock Report

Friday, October 30, 2015

Cattle futures traded to a mostly weaker finish yesterday, higher in the nearby expiring October live cattle contract and weaker across the deferreds and feeder cattle. Sharply lower hogs lending some pressure as did a weekly beef export sales total that was shockingly low. Weekly export sales... Learn More →


Morning Livestock Report

Thursday, October 29, 2015

The cattle markets traded higher from the get go yesterday, following through on Tuesday afternoon's rally and then some. Both live cattle and feeder cattle futures closed limit higher, setting the stage for expanded daily limits today ($4.50 LC, $6.75 FC). Most active Dec live cattle futures were... Learn More →


Morning Dairy Comments

Thursday, October 29, 2015

General Market News · Third-Quarter GDP growth just 1.5% · U.S. Dollar lower this morning · U.S. Jobless claims stuck near 1970s-era lows · China says it will end one-child policy http://goo.gl/LKk9gR · China's New Zealand farm-buying run into opposition http://goo.gl/CnQg3q · CME Group Profit... Learn More →


Morning Grain Comments

Thursday, October 29, 2015

The grain markets put in extremely narrow overnight trading ranges, held up again by soybeans as exports continue to ramp up seasonally; however, beans aren't doing much of a job propping up anything as even they scraped out new move lows on the open, and only recovered a few cents since The Korean... Learn More →


Morning Livestock Report

Wednesday, October 28, 2015

The cattle markets might show plenty of sharply red numbers as of the 1pm close yesterday, with Oct live cattle down almost the daily $3 limit and feeder cattle off $3+. But the real headline came late in the afternoon, as packers, on a Tuesday, raised cash cattle bids as high as $138 live in the... Learn More →


Morning Dairy Comments

Wednesday, October 28, 2015

General Market News · House Republicans begin impeachment against IRS chief http://goo.gl/E2dKAx · Snyder's-Lance to buy Diamond Foods in $1.91 billion deal · Apple 4th quarter earnings beat expectations http://goo.gl/aPm0or · Panera Bread's profits decline as spending grows · NMPF seeking CWT... Learn More →


Morning Grain Comments

Wednesday, October 28, 2015

A U.S. dollar decline since midnight has given the grains surprisingly little help; with another massive corn crop in the bin, two big stories of the last two days have been a cargo of Brazilian corn coming into the S.E. U.S. and China now holding off on their record DDG import pace... South... Learn More →