December 2015


Morning Dairy Comments, 12/31/2015

Thursday, December 31, 2015

General Market News · Dairy Markets Close at 1:55pm Central Time today · Jobless claims jump 20,000 to 287,000 · NZ dollar heads for 12% decline in 2015 on dairy · Ukraine to ban imports of some Russian goods (including dairy) · McDonald’s of the future opens in Hong Kong http://goo.gl/6Ce3Qa ·... Learn More →


Corn Report, 12/31/2015

Thursday, December 31, 2015

After trading higher yesterday, March corn closed 3 ½ lower, with funds selling 5,000 contracts on the day. There are no major market drivers and certainly nothing bullish. The closing of 76 miles of the Mississippi River is probably the biggest item. Dozens of towns along the river are being... Learn More →


Morning Livestock Report, 12/31/2015

Thursday, December 31, 2015

Cattle futures opened with mixed results yesterday, before exploding upwards midday, amid further strength in the boxed beef markets and some astonishing gains in the cash cattle markets. A firmer cash trade was expected, but I don’t think anyone thought we would see the strength that developed... Learn More →


Morning Grain Comments, 12/31/2015

Thursday, December 31, 2015

Reports of Mississippi River closings continue to “flood” in (sorry), with the latest shutdown coming on a 76-mile stretch of the river downstream from Chester, Illinois, and a couple of flour mills closing in IL as well. That’s increasing premiums for corn and beans on and around those worst-hit... Learn More →


Perspective: Morning Commentary, 12/30/2015

Wednesday, December 30, 2015

December 30 – Traders still remaining active in the market are thinking more about their New Year’s Eve parties than the economy as we end the year. The markets will be open on Thursday, but closed on Friday for the New Year’s Day holiday. However, I want to take this opportunity to bid farewell to... Learn More →


Morning Grain Comments, 12/30/2015

Wednesday, December 30, 2015

March beans did rise to fill the weekend gap just after midnight then immediately retreated; the grains are left on the high side this morning, though, despite seemingly all the fundamentals going against them. Any bullish traders left may be looking for some fund money to flow in into year-end and... Learn More →


Morning Corn Report, 12/30/2015

Wednesday, December 30, 2015

March corn made a new low yesterday at $3.57 only to settle 5 ½ cents above that low at $3.62 ½, up 1 ½ cents for the day. Funds bought 4,000 contracts (maybe more). Beans and wheat led the way higher with corn following. There is very little new news to talk about. We wore out South American... Learn More →


Morning Livestock Report, 12/30/2015

Wednesday, December 30, 2015

Cattle futures traded mostly softer for the second consecutive session yesterday. This week’s light volume action, and relatively small trading ranges, is a far cry from the wild volatility seen in recent weeks/months, with futures now seemingly content to await confirmation of a firmer cash cattle... Learn More →


Morning Dairy Comments, 12/30/2015

Wednesday, December 30, 2015

General Market News · Heavy winter storms hit New Mexico: http://www.agweb.com/article/new-mexico-dairy-farms-survive-blizzard-but-20000-cows-likely-wont-naa-anna-lisa-laca/ · Many Wall Street forecasts call for 2016 to be worse than 2015 for equities · Google, Amazon trade to all-time highs as... Learn More →


Perspective: Morning Commentary, 12/29/2015

Tuesday, December 29, 2015

December 29 – There are just three trading days left in 2015, with most traders still off for the holiday break. The Case-Shiller index showed a 0.9% rise in home prices in October, beating expectations of a 0.6% rise. Look for consumer confidence data at 10 a.m. CST. Otherwise the news front is... Learn More →