AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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Latest News
Price action, fundamental and technical analysis for Wednesday, May 24th.
AgDay TV Markets Now: Darren Frye with Water Street Solutions discusses how much weather premium the grain markets need to have at this point in the season.
Corn rallies on dry weather, but soybeans can’t follow after failing technically. Rains in the So. weighed on wheat and cotton. Cattle score more contract highs on strong cash. Darren Frye, Water Street Solutions.
Hoeven emphasized the importance of food security to quality of life and aims to maintain effective farm policy.
The signs of El Niño grew even strong this month, and as the weather event looks to make its grand return, significant weather changes could be on deck for U.S. farmers this year.
Grains trade weather, but how much premium do corn and soybeans need to put in? And is the wheat market taking too much premium out? Cattle trade higher on tight supplies and higher cash. Steve Freed ADMIS.
Corn and beans trade hot dry weather, while rains the So. Plains weigh on the wheat and cotton. Cattle consolidate watching weather, cash and corn. Hogs try to bounce, John Payne, Hedge Point Global Markets.
AgDay TV Markets Now: Kent Beadle with Paradigm Futures says Black Sea export news and weather rallied corn and wheat Tuesday, but why did soybeans fail to follow?
The soy complex was the clear underdog today, after having made the largest gain since September in the previous session.
Wheat and corn closed higher on Black Sea export concerns and putting in weather premium. Soybeans and cattle were hit by profit taking, with more contract lows in hogs. Kent Beadle, Paradigm Futures.