The cattle market will deal with very large feedlot numbers from mid-March through May.
Investors seen watching the weather maps along with the uptrend line in May corn, next week.
While futures and cash are in uptrends, we remain a little concerned over feedlot profitability, Nelson says.
Don’t risk missing the chance to lock in profits on the hopes of a little higher price later in the spring/summer.
USDA is still using pork production estimates that are just too large.
Allendale warns there are more upward revisions coming to exports.
Seasonally, there is a small slump in prices from the start of February to mid-month.
South America's crop-weather and USDA's February Supply/Demand Report will influence upcoming corn market.
LA Nina patterns are weakening a bit.
This week's East Coast storm won't stop the trade's bullish bias, but may slow things temporarily.