The U.S. cattle and HRW areas will be mainly dry and mild/very mild the next 7-10 days.  In South America, storms should keep the primary grain and oilseed areas of Argentina, Brazil, and Paraguay moist to wet over the next 10 days.  The Center-West and Southeast areas of Brazil could also receive excessive rainfall during the period.  The upcoming moisture will further delay planting progress.

St Louis river levels RISING at +7.7 ft  and forecast to be 7.1 by 11/30. Weekend rains helped!


UP 7


The market has moved nearly 50 cents higher during October on no real change in fundamentals.  Don’t allow Fund buying to make you too bullish, preventing you from making PROFITABLE sales.  Look to improve upon existing sales.  (Lock in  these higher CA$H values for Dec, Jan, Feb, Mar, & APR). This is a great time to make up for not having much sold prior to harvest!  Have offers in to take advantage of a higher board, should one materialize.



UP 17

FUND BUYING!   The market weighs demand against the chance of more than the usual seasonal Chinese import slow-down.   U.S. planted soybean acres are 82.2, down 2 million from this year. Most private analysts estimate 88-89 as a more common value.




UP 9

Crop Conditions Ratings dropped 2 points to 58% Good/Excellent.  Australia’s winter grain outlook remains mixed with disappointing winter/spring rainfall and even some reports of frost damage.