Tag Archives: Fontanelle Final Bell

  • Why the down markets the past two days?
  • What is the takeaway?
  • What’s going on in SA weather & their crops
  • Latest with wheat, but they are pulled down by corn & beans
  • Are there more export taxes being talked about?
  • Money supply in the long term
  • Cattle futures disappointed in Texas trade
  • Hogs pushed some green on the screen

  • Crop report
  • Trying to find levels to ration
  • South American weather
  • Harvest progress in South America
  • Russia trying to slow down quotas
  • Livestock structure is changing due to high prices grain
  • Contract highs on the livestock
  • Markets are closed Monday…but the rest of the world is trading

 

  • How did today’s trade surprise?
  • Strong farmer selling…lines at the elevators
  • How has the basis changed in the past couple of days?
  • Could we continue to go up?
  • South American weather
  • Ethanol demand?
  • Are the grain markets overbought?
  • Cattle…where are things at & why not a better run?

The first overnight trading session of 2021 was on fire for the grains. Unfortunately the day trade brought a cooling to the market with grains ending the day mixed. Sue Martin with Ag and Investment joined the Fontanelle Final Bell on Monday to highlight some of the reasons why there may have been pull back after the strong overnight session. At the top of the list it may have simply been profit it taking with overnight traders running the corn market to nearly $5 and soybean market to $13.50.

Martin is also closely watching the weather and labor situations in South America. Temps in Argentina and Brazil continue to be hot and dry, but some area’s have seen mixed precipitation. As for the labor side the port strike may not actually be over in Argentina. Martin will be watching the loading of ready ships to see if that offers any idea of where labor stands in Argentine ports.

You can catch the full episode here: