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Arlan Suderman, chief commodities economist for StoneX, says soybeans did technical damage on hangover from the disappointing talks with China and Argentina’s announced export tax holiday.
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Grain markets are under pressure to start the week following a handful of fundamental headwinds. That puts prices on the verge of a bigger technical breakdown.
Reacting to the news out of Argentina on Monday, U.S. soybean market prices were at their lowest levels in more than a month.
Brad Kooima of Kooima Kooima Varilek says live and feeder cattle futures are sharply higher on Monday as news came late Sunday that New World Screwworm (NWS) had been detected 70 miles from the U.S. Mexican border. in an 8-month-old calf from a transported herd.
Jon Scheve discusses how realistic the USDA’s demand estimates are across the different categories and how that could impact prices.
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