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Brad Kooima with Kooima Kooima Varilek says some of the recovery is technical in nature as the June live cattle bounce off of key support and the 38% retracement level around $243.00 last Thursday. However, there are also fundamental reasons for bounce.
Darren Frye with Water Street Solutions says corn and wheat are trading weather and have divorced from the war headlines.
Centuro A-PRO is a more concentrated formulation of the original Centuro, containing a higher concentration of the active ingredient, Pronitridine.
Operating on negative margins and facing a “next-generation crisis,” a group of row-crop growers urges the U.S. Supreme Court to follow science over emotion as it hears oral arguments in the Monsanto v. Durnell case on Monday.
This ranks as the fifth worst crop in history and it’s mainly tied to the fact 68% of the crop is in some level of drought. For Kansas, it could be as bad as 2023.
Scott Varilek with Kooima Kooima Varilek says $243 was the line in the sand for the June live cattle or funds would liquidate and it held after Brooke Rollins canceled her trip to Arizona which alleviated fears of a border reopening.