Grain markets have been choppy to start the week, with corn futures threatening a bigger technical correction.

Brad Kooima of Kooima Kooima Varilek says November feeder cattle futures were up over $20 last week and have led the rally on strong cash, tight supplies and the continued cases of New World Screwworm (NWS) in Mexico keeping the border shut.

Chinese crushers have been bolstering supplies of the oilseed with shipments mainly from Brazil.

Regenerative agriculture holds a special appeal to young people. Many of them resist farming because they view traditional agriculture as antiquated and obsolete. They seek purpose and innovation. For them, regenerative agriculture is a revelation.

Jerry Gulke, president of the Gulke Group, says the trade news was a game changer for the market. After calling an early low in corn and soybeans, he says Friday’s news and trade action has changed his opinion and he has turned bearish.

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.