January SRW wheat and March corn options are pointing to increasingly bullish times ahead while soybean options traders move their chips to the bearish side of the table. Live cattle options are turning highly bearish for spring 2019 contracts. For background on the methodology used in this analysis, check out this article (you should also check out our Risk Disclaimer). Again, the goal of this weekly publication is to give you a quick view of how the market perceives price risk over the near term. We also include the previously published charts, so you can see how the risk has shifted week-to-week. Here are this week’s charts: Corn The market for January options on March corn futures is clearly seeing oppor...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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