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Last week was a volatile one for a lot of different markets, that theme seems to have carried over into the start of this week. Here are some things to keep an eye on for the grain and livestock markets.
Brad Kooima of Kooima Kooima Varilek says live cattle see buying interest after strong cash late last week. Corn tries to hold gains with soybeans seeing South American harvest pressure and concern about China’s 10% tariffs on U.S. soybeans.
Jon Scheve shows historical data that illustrates December corn’s high rarely happens in February, and usually happens in late spring or early summer.
Like a sharp card player trying to gain an edge against the house, you always have to know your numbers in today’s competitive farm landscape. Here’s how one mega operation does it.
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.
Jerry Gulke, president of the Gulke Group, says despite the volatility tied to tariffs, the corn and soybean markets closed only slightly lower for the week and Gulke was impressed at the reset off the lows that produced a hook reversal on the charts.
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