Morning Thoughts – June 13
Crops – As I’ve alluded to a few times since Friday’s WASDE, the lack of revision to the old crop soybean export figure has me perplexed. I really don’t know how WASDE would explain it, but for the sake of argument I’ve tried to approach the question with a...
Morning Thoughts – June 7
Crops – We’re just a few days away from the Crop Production & WASDE reports, and that will be our primary focus for the remainder of the week. This morning I want to briefly discuss prospects for winter wheat production. Unfortunately, we still don’t have...
Morning Thoughts – June 5
Livestock – We just saw a very active week of cash cattle activity, and I guess that’s what a big rally in prices will do for you. The range for cash trade last week was probably 135-138 and 215-220, with 136 and 218 as averages. Basis did narrow slightly. ...