US virus cases may have peaked January 20, 2022
February futures broke through highs from the prior two months. Many deferreds pushed straight to new highs. Virus numbers in the US may have peaked. The trade feels better labor supplies in the plants will come after a virus peak of some sort. Also, seasonal hog supply offerings are beginning to tug on live animal pricing.
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Allendale Insider
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Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
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