Tuesday, November 10, 2015


Morning Corn Report, 11/10/2015

Tuesday, November 10, 2015

Corn continues to follow wheat closing down 6 ¾ on the day, while wheat closed down 16 cents. Funds sold 11,000 contracts. Poor export demand for both grains was the main reason for the weakness. Export inspections were 296 TMT. We were looking for 400 to 600 TMT. This fueled the bearishness. After... Learn More →


Mike O'Dea Wheat Comments

Tuesday, November 10, 2015

WZ15 closed right above the 50 day m/a this morning and a close below it will take the market down to the trend line support area in the low 90s with an objective of that reaction low of $4.83 from mid-October. Report today should be bearish US wheat, neutral world wheat but carryout will still be... Learn More →


Morning Livestock Report

Tuesday, November 10, 2015

It took all of 10 minutes yesterday morning for the cattle market to open just 50 points lower and slip down the daily 300 point limit. Turns out last week's cash cattle business was even weaker than we'd earlier believed, with KS and TX both reporting some volumes at $133 and the North some $128... Learn More →


Morning Dairy Comments

Tuesday, November 10, 2015

General Market News · China passes Canada as largest trading partner · New report suggest October jobs blowout is an outlier http://goo.gl/e3cXuB · SeaWorld phasing out Shamu show in San Diego · U.S. beef exports were down 24.9% in September YoY http://goo.gl/2dgxa8 Class III, Cheese, and... Learn More →


Morning Grain Comments

Tuesday, November 10, 2015

Beans & wheat are at least steady to higher this morning after making temporary technical stands, but there's not much for positive vibes heading into this report—a crucial table-setter for the next two months... Egypt's GASC is looking for optional-origin wheat for Dec 15-30 today. Japan is... Learn More →