Morning Thoughts – Mar 27

Morning Thoughts – Mar 27

Livestock – By now you’ve likely heard China has lifted its ban on Brazilian meat products.  The devil is in the details, however.  While the straight ban on Brazilian imports is lifted China is still not allowing meat from 21 plants still under investigation. ...

Morning Thoughts – Mar 23

Grains – As I noted yesterday there isn’t much to talk about right now.  We’re basically wrapping up the South American growing season (still some time left in Arg, but you know what I mean) and awaiting the US planting season (which unofficially kicks off next...
Morning Thoughts – Mar 21

Morning Thoughts – Mar 21

Livestock – The attached chart shows a breakdown of the USDA’s beef feature activity index over the past two years.  The activity index is a measure of the total frequency of feature activity accounting for the total number of stores for the advertised beef...
Morning Thoughts – Mar 20

Morning Thoughts – Mar 20

Grains – Note the chart attached here showing the combined daily volume in the major May contracts at CBOT over the past few weeks.  As you can see, volume has been steadily declining and I would imagine that might continue to be the case until we get closer to...

Morning Thoughts – Mar 9

Grains – We have Conab out this morning, and I’ll update those numbers in a separate email this morning.  The other focus today will be WASDE later this morning, and today we’ll run through a quick look of potential changes.  That said, I honestly am not...
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