Markets continue to narrow. Grains trade lower on a Thursday. Commitments are down 26% from a year ago on corn. Will we be able to move forward? Beans were able to test $9.00. Coronavirus continues to raise issues, and avian bird flu continues to be an issue. More spreading from hogs to cattle. Hogs might have seen a new low. Markets right now importing into China causing problems.
Higher corn, lower beans & wheat. Quiet day in the market trade. China needs help…food for both people & livestock. Will we see any fireworks from Wednesday’s signing? Bird flu in China with swans. Ethanol margins remain tights. Weekly export numbers on the softer side. Why are we seeing lower numbers in the livestock? Chinese New Year Celebrations.