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Grains saw pre-holiday trade, export biz and weather supportive. Cattle were up on $156 cash, higher cutouts, report positioning. Hogs saw profit taking on lower cash. Scott Varilek of Kooima Kooima Varilek.
The current trend is a friend to farmers, as the markets ended the day green almost across the board. Gulke Group’s Jamie Wasemiller breaks down the positive outlook and provides insights to post-Christmas trade.
Here’s a new way to visualize your goal as a farmer: “Keep your operation within the Sustainable Triangle,” advises Farm Journal Field Agronomist Ken Ferrie.
From the docks of Southern California and Europe to the parcel hubs in the Midwest and the store shelves in New York, signs are growing that the global supply chain crisis is over.
Grains higher on short covering, export biz and weather. Cattle mostly higher ahead of the report, with strong cash and cutouts, hogs consolidate with lower cash. John Payne of Hedge Point Global Markets.
Grains up on holiday positioning, friendly outside markets and fresh corn and soybean export sales. Cattle are higher with steady to better cash news and report positioning, while lower cash is pressuring hogs.