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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.
Jerry Gulke, president of the Gulke Group, says the market was disappointed soybeans were not part of the U.S. China trade discussion on Friday and as a result he’s altering his soybean marketing strategy.
“I’ve had conversations with lawmakers on the hill, counterparts in the white house and across the cabinet. We are putting together options from A to Z, so when the President decides it’s time, we can step in,” she says.
