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Grain markets try to recovery after an ugly week, is this just an end of month dead cat bounce or is the market bottoming? Cattle consolidating but short covering in hogs. Darren Frye Water Street Solutions has more.
Grains have had an ugly week. Soybeans are seeing some corrective buying, wheat is trying to consolidate but more fund selling in corn. Cattle trade 2-sided on a lack of cash news. Allison Thompson, The Money Farm.
Colorado’s governor signed the nation’s first right to repair legislation into law on Tuesday, giving the state’s farmers and ranchers the autonomy to fix their own equipment.
As of April 25, 46% of the U.S. was covered by abnormal dryness/drought, down one point from the previous week.
Record snowfall is catching up with several states as snowmelt starts to flood rivers. It’s already impacting traffic and the movement of ag goods on the upper Mississippi River.
AgDay TV Markets Now: Alan Brugler with Brugler Marketing talks about the ugly day in grain markets, if China cancels more sales and when the selling may subside.
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