President at Midwest Market Solutions and Midwest Real Estate Solutions. Follow @midwestmarkets for more market info. There is a risk of loss in futures trading

Joined April 2009
2,770 Photos and videos
Stone X estimates funds bought 15,000 corn; 4,000 soybeans; 4,000 wheat and were flat in meal and bean oil on Friday #oatt
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Noon Market News - June 12, 2026 #oatt
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AM Boxed #beef .10 lower to 393.11 on choice, and select .73 higher to 373.98 on 58 loads #cattle AM #pork cutout 3.31 higher to 97.78
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JBS is adding to the broader theme of tighter U.S. beef processing capacity, with Bloomberg reporting the company will close a Pennsylvania beef plant and a Tennessee value-added facility #oatt
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Crude oil values fall below $85 after Iran's Foreign Minister Araghchi says the Islamabad Memorandum of Understanding "has never been closer." #oatt
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Feeder cattle index is down $2.09 at 368.01. Daily number is at $366.37 on 2,393 head. Total headcount is 16,317 head. No deliveries—oldest date is still partly through 8/11/2025 #oatt
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Argentina corn harest is 56% done vs. 53% last week, 52% last year and 52% on average #oatt
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Packer margins are estimated at -$255/head #oatt
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Brazil’s Conab raised their official 2025/26 soybean production estimate slightly this month, from 180.13 to 180.25 MMT; exports were up slightly as well, from 116.0 to 116.1 MMT.
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Second-crop corn output fell from 108.45 to 107.87 MMT this month, with total corn output still up from 140.17 to 140.46 MMT as first-crop production rose from 28.46 to 29.34 MMT.
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South Korea FLC bought between 55-68k tonnes of optional origin corn, at $257/tonne C&F for early November; they also bought 42-60k tonnes of optional-origin soymeal, at $397/tonne C&F for Nov arrival. The country’s MFG tendered for 60k tonnes of meal as well, for mid-Oct arrival
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I will be discussing the grain and livestock markets on @OfficialRFDTV at 8:15am this morning #oatt
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The S&P 500 closes 1.75% higher, adding $1.2 trillion in market cap, as President Trump says a deal with Iran is coming shortly #oatt
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Stone X estimates funds sold 22,000 corn 5,000 soybeans 2,000 bean oil; 6,000 meal and were flat in wheat on Thursday #oatt
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Grain and livestock markets will be closed on Friday, June 19th in observance of Juneteenth #oatt
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Monthly COF report will be released on Thursday, June 18 at 2 pm ct #oatt
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NOPA crush report will be released Monday, June 15 at 11 am ct #oatt
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Noon Market News - June 11, 2026 #oatt
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