Blog

by | Dec 16, 2017

Hey Everybody,

Here’s our first crack at a Ag marketing blog. Let us know what you think about it in the Facebook comments and Tweets below! If you want to watch the video instead, just click on Clint’s face!  -Landon

No Gainz In Grainz

  • We had March corn at $3.47 down .05 on the week and December corn is at $3.79.  We’ve been saying this for a few months but we if get a 15-20 cent rally that’s gonna put December corn at $3.95 to $4.00. With all the carry in the market this is definitely something you’ll want to keep an eye on.
  • Beans were down 22 cents on the week, so that puts March beans $9.68. 
  • July Kansas City wheat was unchaged at $4.46. 

We HAVE the Meats 

The best news of the day was that the cattle were very strong!  We had February cattle close at $121 or a hair over that That’s up $2 today and $3 on the week just in the last few minutes. Some cash cattle Started trading at $120 that’s up $3 from last week, so you know, we got a lot of cattle numbers seeing that cash cattle market bounce back up, it’s been really good to see if we get those deferred months back in the mid-to-upper $120s to look at hedging some of the production after the first quarter. The first quarter will be strong, but there’s a lot of numbers to come after that.

Everybody have a good weekend,

-Clint

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