Wheat ends higher for a fifth day but Darin Newsom with Barchart thinks the rally has just about run its course and that is true for corn and soybeans as well. And HPAI headlines sink cattle...again.
Canada’s Competition Bureau said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.
Grains end mixed with wheat higher for the fifth consecutive day. However, corn and soybeans don't follow. Darin Newsom, Barchart, discusses if the fund short covering rally is about done?
Grain and livestock futures trade both sides of steady early Wednesday after testing the top side of trading ranges. Are grains ready to take a breather? Vince Boddicker, Farmers Trading Company, has details.
As the U.S. escalates economic sanctions against China, Beijing is preparing its retaliatory measures while cautiously considering the potential economic repercussions, the Wall Street Journal reports.
DuWayne Bosse, Bolt Marketing, says wheat continues to pull corn and soybeans higher triggering short covering by the funds. Whether it's the start of a bigger rally is yet to be determined.
The Imperial Strathcona Refinery in Alberta is receiving a 12% tax credit for its $720 million under-construction canola-based renewable diesel facility.
Grains end higher for a third day on speculative short covering and corrective buying. DuWayne Bosse, Bolt Marketing, says wheat is also putting in risk premium. Can it continue to lead row crops higher?
Grain and livestock futures try to extend gains for a third day. Kent Beadle, Paradigm Futures, says there are several fundamentals driving it but technically markets have also seen strong action.
Jim McCormick, AgMarket.Net, says the wheat market is adding risk premium and if it keeps going corn and soybeans could follow producing a sustained fund short covering rally.
A risk on day resulted in higher closes in both grain and livestock futures. What drove the buying, and will it continue? Jim McCormick, AgMarket.Net, has details.
Cattle rally with bullish placements in the Cattle on Feed report and steady Southern cash says Brad Kooima, Kooima Kooima Varilek. Hogs fail after a chart breakout. Grains rally on EU weather/frost & short covering.
Grains close higher on Friday on short covering and putting in some risk premium, but will the rally continue into next week? Rich Nelson, Allendale, Inc, says it will be a tough lift.
Despite being lower for the week, the grain markets all closed higher on Friday and might have been putting in risk premium says Jerry Gulke, president of the Gulke Group.
Grains close higher on short covering and putting in some risk premium. Live cattle ended higher with steady Southern cash. Hogs broke above chart resistance. Rich Nelson, Allendale, Inc. covers it all.
Scott Varilek, Kooima Kooima Varilek says live cattle see pressure ahead of cash news and COF but have absorbed a lot of bearish news. Hogs consolidate, with short covering in grains putting in war premium.
Soybeans make near term lows pulling down corn, wheat bounces on crop concerns. Cattle firm ahead of the COF, while outside markets continue to watch geopolitical developments. Arlan Suderman, with StoneX, has more.
Corn and beans fall on slow exports and weather. Wheat sees short covering with frost concerns in the extended forecast. How are geopolitical concerns impacting markets? Darin Newsom, Barchart, has details.
Argentina’s corn production, already cut sharply due a stunt disease spread by leafhopper insects, was “likely” to be cut further, the Rosario Grain Exchange said.
In a move reminiscent of former President Donald Trump’s trade policies, Biden is considering tripling tariffs on Chinese steel and aluminum imports under Section 301 of the Trade Expansion Act.
Wheat sees technical selling, with corrective buying in beans and products. Corn was slightly lower in a narrow range. Kevin Duling, KD Investors discusses when will grains be an inflationary/geopolitical buy?
Grains see short covering early with a lower dollar then turn mixed searching for news. Cattle drifting preparing for the COF report. Hogs chop. DuWayne Bosse, Bolt Marketing, has more.
The RSC proposals include shutting off crop subsidies to farmers with more than $500,000 a year in adjusted gross income, requiring growers to pay a larger share of the premium for subsidized crop insurance...
Many of the largest Brazilian mills have already been certified to make feedstock for sustainable aviation fuel (SAF) that meets official international and domestic standards.
Row crops fall on weather and planting progress. Funds are still short ahead of the growing season. When will that change? Matt Bennett, AgMarket.Net, has the answer on that and if the cattle market is bottoming.
Grains see technical selling pressure from weather. Cattle try to extend gains a second day so is HPAI fear subsiding? Hogs higher. Kent Beadle, Paradigm Futures, has insight.
Heavy rainfall across Argentina’s core soybean production areas has caused harvest delays and could lead to production losses, the Rosario Grain Exchange said.
Grains end lower on Monday erasing most of the gains from Friday. Randy Martinson, Martinson Ag, says weather and farmer selling were the biggest factors.
Grains end lower on Monday on weather forecasts for rain in the corn belt and increased farmer selling. Randy Martinson, Martinson Ag says cattle saw short covering.
Cattle see a short covering bounce after a lower week and with less war fear says Brad Kooima of Kooima Kooima Varilek. Hogs continue to see fund liquidation.. Grains retreat on farmer selling & weather.
Chip Nellinger, Blue Reef Agri-Marketing, says it was a true money flow or "Get Me Out" day Friday. While it caused a short covering rally in grains, he's not sure it can be sustained.
Commodity and financial markets saw another volatile week. What's triggering it? Jerry Gulke, president of the Gulke Group points to a couple possible clues.
Grains sharply higher Friday, as livestock, financial markets and many other commodities melt down. It was a money flow or "Get Me Out" day says Chip Nellinger, Blue Reef Agri-Marketing.
John Heinberg, Total Farm Marketing says USDA is slow playing it because the last two years they've ended up having to raise South American production after making cuts and they don't want to do that again.
USDA Secretary Tom Vilsack suggests China’s reduced purchases of American agricultural products, particularly corn and soybeans, may be linked to recent actions taken by the U.S.
Grains end lower after a disappointing WASDE particularly South American numbers. John Heinberg, Total Farm Marketing, says corn and soybeans did technical damage opening the door for more fund selling.
Grains slide after USDA disappoints with U.S. ending stocks, but especially punting on South American production. Jim McCormick, AgMarket.Net, discusses why USDA is so far above Conab and RGE.
Scott Varilek, Kooima Kooima Varilek, says cattle futures are lower digesting BIAV news, while hogs recover, and grains are lower except corn following exports and South American crop estimates.
Mark Schultz, Northstar Commodity, says unfortunately it will take large production cuts in Brazil's corn and soybean crop for prices to rally because of the large carryover in the U.S.
In an effort to prevent domestic cattle from being exposed to Bovine Influenza A Virus (BIAV), 17 states have restricted cattle imports from states where the virus has infected dairy cows.