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Row crops see technical bounce with hot dry weather. How much recovery can we expect? Wheat sees weak technicals and demand. Cattle down with weaker cash, while hogs bounce. Don Roose with U.S. Commodities has more.
“Mexico’s decree, which runs counter to scientific findings and is in direct violation of USMCA, is negatively impacting American corn growers,” said Tom Haag, NCGA president.
Soybeans up on hot dry wx & new crop exports, corn follows but fights lower wheat with more technical selling. Cattle see fund selling with steady/lower cash, hogs bounce. Mark Schultz, Northstar Commodity has more.
Beans up on wx & exports, corn tries to follow despite lower wheat. Cattle look tired, while hogs try to bounce. Global economic news a concern for commodities. Mike Zuzulo, Global Commodity Analytics has more.
AgDay TV Markets Now: Mike Minor, Professional Ag Marketing says the corn and bean market are trying to determine yield making crop tours more important this year.
Jon Scheve discusses last week’s USDA report and how corn carryout and demand could be an issue. Plus, he explains his corn basis strategy for last year’s crop.