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>> thank you for having me. it’s certainly a halfway decent way to end the month here with corn. and we kind of leading the way higher corn and beans, kind of reversing roles here as is saw some great export data this morning for the first time in a long time we saw weekly export sales of about 1 million, 928,000 metric tons about 75.9 million bushels. that is a marketing year-high. 35% above last weekend about 54% above the four-week average. so that dark cloud of demand that’s been hovering over the corn market potentially getting alleviated here. but we need to see this be more than just a flash in the pan. we need to see this on a more consistent basis. we’ve been working with guys here over really since the beginning of the week, kind of. carve out a game plan. in case we started to see some positive headlines out there and volatility is really low. the sea bolland acts. the volatility index for corn is at its lowest level since february. so volatility is low options are relatively cheap. so if you mason cash sales and don’t really want to miss out on the rally in re on some some staff on the board actions are rate to on this environment. >> i saw the number 2 and i thought to myself, boy, isn’t it funny how you drive corn on the 4.16, all 70 of magically start selling more of it right? >> yeah, absolutely. it’s almost as if those global buyers are aware of some of the seasonal tendencies that was in the corn market. >> right. i mean, that’s the issue of sow chaos. shame on me for being surprised. i mean, you beat up corntoo, you know, years, lowe’s and all of a sudden it’s flying off the shelves. maybe there’s a correlation there out now. >> and well, low prices care, low prices. unfortunately, that’s not the situation we have in the soybean market. we’re kind of at an inflection 0.13, 50 for that january contract, kind of a lot hinges on south american weather. it stays hot and dry down there. potentially. we break out if we get some favorable weather now back to 13 i think it you’ve got a lucky quarters. time to bust out for soybeans. i agree. all right. stay right there. we’re going to go way up a smoke. come back and talk more with all of us will be >> and he’s in chicago. we’ll be right back after this. many of my clients ask me, how can i-40 by my next home. also make sure my current home selves. >> that’s why who you work with matters with home light, we’re able to help line to buy and sell at the same time with all of the certainty and none of the stress. it’s the most game-changing solution and real estate today together with home like we’ve helped clients when the home of their dreams, every time. >> for the ones who work hard to ensure their crew can always go the extra mile and the ones who get in early. so everyone can go home on time. there’s grange offering professional-grade supplies backed by product experts. so you can quickly and easily find what you need. plus, you can count on access to a committed team. ready to go the extra mile for you. with granger dot com or just stop by. >> i welcome back. one last time. let’s go check on cattle prices. us chicago dogs, 2 cats got to talk about a livestock when you workout checking on their right. talk about i’ve got to the spot. where was the last time i checked? right? $2.25 lower. to one. 71. 25 again. that’s still over a buck off the lows. but to the highs are well on the river view right now. but i want anyone. 25 last for about $2.22. fao and 5 live cattle april’s off $2.30 to one 73. 62. feeder assess what’s going on there. we have some losses as well. and as you’d expect almost $3 lower right now, the 2.97 lower to 2 1922. that’s a bad news. good news is we’re still 2 bucks off the low. so we’re well in the middle of that day’s range. $2.97 florida to maine teen. 22. and then finally, let’s take a quick peek. lean hogs. they’re higher on the day. little bit of green on that screen about 22 higher in the 5. 71 32 is last there. and that’s really only $0.30 off the high today. let’s bring back in all of us lopez with a lot of features. and chicago jump audio. when we talk about those prices. >> well, it certainly doesn’t look good on the board today, but i think today’s price session action, this week’s price action actually, as a whole has been relatively constructive. we saw a rally back in live cattle and feeder cattle to last friday’s breakdown point we stall there yesterday, pulling back today, but we’re off the lows. as you had mentioned in marking a high or low right now. so we can get. high or low here to round out the week. i think that bodes really well going forward into next week’s trade. we can see some buyer stepped back into the market over the summer months. my big concern was the risk of long liquidation. well, now we’ve seen funds liquidate majority of their long position. they were net long north of 100,000 contracts. as of the recent commitment of traders report, there are a lot about 30,000 contracts, which is a relatively neutral position. so that risk of long liquidation has evaporated. some. and if we see the cash market stabilize, i wouldn’t be surprised to see some of these participants maybe make their way back into the market as we turn the calendar over. >> yeah, i agree. and you know, there’s some technical things a few other allison mention and saving corn just about 5 bucks between say 5, 5, 15. i don’t have all the exact numbers, but there might be another place that we can start to see some farmers. let some stuff go here after a nice 2030, $0.40 rally way. >> yeah, absolutely. i think that the very viable in a realistic expectation to see that one of the other markets that we’re keeping a close eye on is that hog market looks like we’re just going to continue to roll over earlier in the week. but we started together 3 consecutive days of higher prices, which i think looks really nice. we fill the gap from last friday as well. so we’re back to last. friday’s really breakdown points if we can get some strong closes to round out the weekend of the first a day of the new month. i think that really bodes well setting us up into the entire great stuff. great content. great way to finish out the show. >> really appreciate content. they very much at all of us, low fees and glenn futures in chicago. bring it back here to …
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