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Officials have confirmed the first case of highly pathogenic avian flu in a Wisconsin dairy herd.
Jerry Gulke, president of the Gulke Group, says the bearish lower weekly closes for a second week confirms the top is in the soybean market.
Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
Commodity prices have not kept pace with rising costs, leaving many row crop growers struggling to keep their operations on positive footing headed into the new year.
Shawn Hackett with Hackett Financial Advisors says part of the pressure in soybeans was technical selling but the market is also starting to trade the big crop potential in South America.
Oliver Sloup on Markets on the Move: Corn soybeans and wheat were all lower on the day and week. Will technical support hold, or will it giveaway and open the door for additional downside risk? Tune in for more.

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