USMCA. Higher grain numbers…did the Chinese numbers get faded out? WASDE report. Chinese production numbers corn & wheat were higher. Final USDA Crop Progress report for 2019. Dollar traded lower. Livestock…USDA cut in exports for beef & pork. Chinese hog heard is starting to rebuild. Cattle markets & weights.
WASDE report. How valid were some of the results in Re-surveying North & South Dakota Harvest weather going into next week. Open interest in the cattle-could we see some buying & is there in a top going in. Planting progress in South America.
New lows in the corn on a Thursday as markets set up for the Friday WASDE Report. China continues to play a role in the markets both on the soybean & hog side of the trade. Demand for corn isn’t good, cattle crazy with export increases on the way.