Weekly Market Report: 12/8/17

December 12, 2017 0
By Trent Milacek KC wheat continues to set new contract lows closing at $4.18/bu. on Friday. Opportunities to price new crop wheat remain elusive as the market fails to move higher. The last run stalled […]

Weekly Market Report: 12/1/17

December 5, 2017 0
By Trent Milacek Feeder cattle prices have followed the anticipated price pattern that was detailed in previous reports. The final “shoulder” is formed, traced by the black curve, and prices are at support near $150/cwt. […]

Weekly Market Report: 11/3/17

November 6, 2017 0
By Trent Milacek Feeder cattle futures continue to show strength moving above $160/cwt. for the first time in over a year. Good beef demand and strong prices for 600+ pound calves have given the fuel […]

Weekly Market Report: 10/20/17

October 24, 2017 0
By Trent Milacek The October Cattle on Feed Report offered another surprise to cattle markets with larger than expected placements. Compared to a year ago, placements in feedlots increased 13 percent to 2.15 million head. […]

Weekly Market Report: 10/13/17

October 16, 2017 0
By Trent Milacek The October WASDE report contained some surprising information. Most notably was a reduction in the estimated yield for soybeans of 0.4 bushels. That may not sound substantial, but new crop plantings increased […]

Weekly Market Report: 9/29/17

October 2, 2017 0
By Trent Milacek The Grain Stocks Report released on Friday affected trade throughout the week. Traders positioned on Thursday based on the estimated numbers indicated in the table. On Friday, there were not any major […]

Weekly Market Report: 9/22/17

September 27, 2017 0
By Trent Milacek Cattle markets finished another week higher before the cattle on feed report released at 2 p.m. on Friday. Look for a bearish start to next week as placements totaled 1.93 million head […]

Weekly Market Report: 9/15/17

September 18, 2017 0
By Trent Milacek After a bearish September WASDE report, grain markets managed to end the week higher. Production estimates for corn and soybeans were increased on this report, which triggered a large selloff early in […]

Weekly Market Report: 9/8/17

September 11, 2017 0
By Trent Milacek Cotton prices rocketed higher this week due to Hurricane Harvey and Irma. Harvey could have a large impact on Texas cotton acres due to devastating flooding. Reports indicate that 300-600,000 acres could […]

Weekly Market Report: 9/1/17

September 6, 2017 0
By Trent Milacek Feeder cattle futures have maintained above the $140/cwt. price level since April. This small rally began in January of ’17 and is showing signs of weakening in recent months. Large placements of […]
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