The Final Bell

 Tariff pressure  Mexico is still important  Delayed sell off of WASDE came today  Brazil & Argentina crops with harvest underway  Rain levels  Cash cattle market feels good

 All markets on edge  Playing this market nervousness  Possible shutdown?  Trading some weather in the grains & cattle  Lives cattle playing in between feeders & hogs

 Stock market talk  Dollar trade  Canola pressing beans  Tariff chatter  Trade ahead of the WASDE  Higher cattle market  Technicals in the hogs

 Post state of the union  Tariff chatter  President Trump holding meetings with Canada & Mexico  Tariff backburner for livestock, not grains  Weather market factoring back in?  Upper Midwest storm-but still not a lot of moisture in the tank  Fundamentals on the markets for cattle  Is there a bottom in place for cattle?

 Tariffs are in place  Off the lows  Some technical buying  State of the Union  How livestock reacting to tariffs  Weather will soon creep back in

 Night before tariffs  China Containing them-Canada & Mexico  Weather in S.A.  Harvest/planting moving forward  Cattle reacting to trade

Why has the corn and soybean markets sold off since last week? Do you think the Acres and yield info coming out the of USDA Ag Outlook has caused the corn and soybean markets to go lower? What is the latest on tariffs? How are conditions in Argentina? How is harvest going in Brazil? What is the pace of planting like for Safrinha corn? Are there any adjustments that need to be made to our marketing plan?

 Headlines continue to flow out of DC on tariffs  Ag Outlook going forward  Don’t play off of headlines  Drought monitor  New lows in wheat  Commercial beef production from ag outlook

 China & U.S.  Tariff’s shifting to April 2  Ag Outlook Forum has trades attention  Forum will set the yield for upcoming WASDE  Cattle see a set back from yesterday

 Grain market broke early  Trade is watching the tariff talks  Outlook forum later this week  Favorable weather in South America  Soon to end March sees selling increase  Tech support in the trade-with the March beans  March 1 tariff deadline  China shy’s away from U.S. beans  Cattle have some fund buying

 Chinese Tariffs  Markets moving down  Weather in South America & warm up in wheat country  Live & feeders move back into the green

 Elections in Germany  Corn Movement was sloppy  Corn vs. bean acres  Reversal with support for wheat & feeders  Feeders a bit of a rally ahead of the COF report

 New lows in wheat  Highs in the soybeans  Ethanol demand with tight margins  Volatility in the price action  Cattle market trades lower  COF report out tomorrow

How would you describe the corn and soybean markets? What does the demand look like for the corn market? How does the corn market look technically? What is South American harvest and planting progress like? Is corn overvalued at this point? How does soybean demand look at this time? What are the factors that need to be watched for corn and soybean demand?

 Old and new crop highs being tested  Beans lower overnight, funds were buying  New wheat highs  Weather concerns for wheat  Will markets stay supportive till spring numbers?  Export growth & tariff talk  Feeder & corn market movement

Mark Gold with Top Third/StoneX and Mike Zuzolo with Global Commodity Analytics break down how tariff uncertainty continues to weigh on the markets, while weather remains a key market mover. Dry conditions in the eastern Corn Belt and bitter cold temperatures, combined with minimal snow cover in the central U.S., are raising concerns for winter wheat trade and broader market volatility in the weeks ahead.

 Cattle trade moves lower  Commercial selling for the livestock  Fats are down when you look at the trade Tuesday-Tuesday  Weather concerns for livestock  Commercial lead for the grains on light volume

 Export sales report  SA Crop update  Weather in the wheat belt  GFS  Tariff talk for grains  Cattle tariff talk

 Post WASDE  South American production  USDA didn’t feed the bull on Tuesday-defended today in corn  Wheat doesn’t have the support it needs  Beans continued to drop  Chang in private production estimates  China buying more beans from Argentina & Brazil  Weather premium in the cattle  Cash market movement this week

 Breakdown on the WASDE  Global numbers from WASDE  Weather in S.A.  How is planting/harvest going  Trump trade/tariff wars underway  Beans can they be pushing a red flag?  Fund positions in today’s trade  Commercial selling in the cattle  Lower cash market feels today