Karen Cady-Davis (@karencadydavis) 's Twitter Profile
Karen Cady-Davis

@karencadydavis

Commodity Manager at Bullpen Trading, Grain Hedger, SE MN
bullpentrading.com

ID: 1394665999056658432

linkhttp://www.bullpentrading.com calendar_today18-05-2021 14:47:49

236 Tweet

562 Followers

1,1K Following

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

The USDA report unpacked a lot of data with unexpected surprises, plus a positive outcome from the US/China mtg, yet wheat continues to drop and drag the other grains with it. Report details in blog post: bullpentrading.com/second-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

What happens this week for actual rainfall totals could set the stage for this growing season. More in blog post: bullpentrading.com/third-week-of-… #Corn #Soybeans #Wheat #Cattle #Hogs #oatt

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

For grains, the path of least resistance is to the downside, at the moment. This could all change quickly with a shift in weather in the US, or political actions. More in Blog: bullpentrading.com/first-week-of-… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

On Thursday, June 12th USDA will release Crop Production, Supply & Demand reports. Below are the trade estimates, plus more: bullpentrading.com/second-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs #Oatt

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Corn & Soybeans still have a lot of the growing season left, and weather conditions could still dramatically impact the overall development and outcome. More in blog post: bullpentrading.com/fourth-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Today USDA released its June Acreage data, along with their Quarterly Grain Stocks data for the US. That and more in this blog post: bullpentrading.com/first-week-of-… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Happening this week: A USDA Crop Report, Weather, and Trade Tariffs, more to consider: bullpentrading.com/second-week-of… #Corn #Soybeans #wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Traders continue to react to every report that hints at something trade deal related – positive and negative. More in blog post: bullpentrading.com/third-week-of-… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Without a threat to crops that legitimately loses bushels off expectations, it will be hard to sustain rallies. More in this blog post: bullpentrading.com/fourth-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

As time goes on in this trade war, traders will continue to watch the China effect because it has many ways you can look at it. This and more in blog: bullpentrading.com/first-week-of-… #Corn #Soybeans #Wheat #Cattle #Hogs

Scott Davis (@scotterikdavis) 's Twitter Profile Photo

Best estimate I can find is China spent about $24 billion on chips from Nvidia/AMD last year. And price isn't the issue... access is the issue. So don't assume China won't be willing to pay up for a few US beans to "play" in the chip market.

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

It’s always good to get the August USDA report out of the way because it becomes more uncertain and volatile than probably any other report of the year. Details on the report and what it means below: bullpentrading.com/second-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Even with big supply fears, the export business continues to line up for US corn sales. We are priced roughly $20 a ton cheaper than Brazil on corn currently, and the world realizes it. More things to consider this week: bullpentrading.com/third-week-of-… #Corn #Soybeans #Wheat #Cattle

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Next week, USDA will be sampling fields and will release the results in their September 12 report. But even then, we won’t know the full story of this crop until it is mature and harvested. More in Blog post: bullpentrading.com/fourth-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

The key question for corn in the next few days: How much of any yield declines will USDA catch in next week’s report? Key points for this week in blog post: bullpentrading.com/first-week-of-… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

The upcoming USDA report could be setting up as a possible “tease” of coming attractions for combine results and the October report. Trade estimates for the report are in this blog: bullpentrading.com/second-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Supply versus demand is the “age old” question in every commodity, but it’s right front and center in the corn market today. More on this and other mkts in blog post: bullpentrading.com/third-week-of-… #Corn #Soybeans #wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Oct 9 Crop Production and WASDE reports are in great danger of not being released, If our government shuts down as of midnight tonight, we likely won’t see USDA reports until the government re-opens. This, USDA Report Data and more in Blog Post: bullpentrading.com/fifth-week-of-… #Corn

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

With the government shutdown and lack of data to go on the US crops, traders will likely focus on the upcoming meeting with China, as well as weather in South America. This and more in blog post: bullpentrading.com/first-week-of-… #Corn #Soybeans #wheat #Cattle #Hogs

Karen Cady-Davis (@karencadydavis) 's Twitter Profile Photo

Corn is well on its way to setting a record for exports. Inspections are up 61% from the previous year at this same time and 97 million bushels above the pace to hit USDA’s target. More in blog post: bullpentrading.com/fourth-week-of… #Corn #Soybeans #Wheat #Cattle #Hogs