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Weekly overview of the agricultural commodity markets, compiled by Brugler Marketing & Management LLC. Not intended as trading advice. Call 402-697-3623 for more information.
Cash cattle markets traded modestly lower in another week of lackluster activity. Northern regions experienced adverse weather conditions added stress to cattle and reduced weights.
AgDay TV Markets Now: Arlan Suderman of StoneX Group says U.S. and South American weather, along with headlines on the economy will continue to dominate the markets head, especially as we go into the FOMC meeting.
Price action summary and outlook for the next 5, 30 and 90 days.
Corn and beans lower Friday removing SA weather premium, while wheat saw some short covering. Livestock ended higher on Friday with some end of week short covering. Arlan Suderman of StoneX Group has analysis.
Sen. Anderson introduced a resolution last Friday aimed at phasing out electric vehicle sales in Wyoming by 2035. The resolution was referred to the state’s minerals committee, who tabled it until 2024.