Morning Thoughts – Feb 15
Livestock – Cattle futures seemingly found support around recent lows and shot higher yesterday. It also appears that the beef pipeline is getting a bit more cleaned up and demand could be better going forward. Keep in mind Monday’s kill will be slightly...
Morning Thoughts – Feb 14
Grains – Sifting through yesterday’s export inspections details I found a pretty sizeable revision higher in last week’s wheat inspections to China. Considering our conversation from the past few days I found this pretty interesting. MYTD all wheat export...
Morning Thoughts – Feb 13
Grains – I want to review the thoughts on wheat and corn from last Friday in a bit more detail this morning. I think it is very important to note the differences developing in the world balance sheets between the two markets, and I want to make sure we’re clear...