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Oliver Sloup on Markets on the Move: grain markets saw a sharply lower trade on Friday following a WASDE report that fell short of feeding the bull run. Is the rally over, or was today’s pullback just a healthy correction? Tune in!
The biggest surprise came from the agency cutting corn yield less than a bushel and loweing soybean exports by 50 million bushels.
Cattle market fundamentals remain unchanged while psychology shifts the market due to the President’s comments and industry interference.
Price action summary and outlook for the next 5, 30 and 90 day segments.
Scott Varilek with Kooima Kooima Varilek says the funds continue to liquidate their long positions on the fear of the Mexican border reopening but lower fed cash is also a negative.
Ken Ferrie addresses how farmers can determine what tillage depth to establish, where to run the tool, and when to use the cutters and shanks. But before he can offer those specific details, farmers need to be able to answer one important question.