Markets Now
National reporter Michelle Rook talks daily with industry analysts to break down crop and livestock commodity markets. Listen below to learn what’s happening with the markets when they open, at midday and again at close.
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More from Michelle Rook
Grains fade the early rally ahead of month end and USDA Reports as AgMarket.Net releases its acreage estimates. Matt Bennett breaks it down.
AgDay TV Markets Now: Allison Thompson with The Money Farm discusses the ratios between corn and beans and wheat and beans and how that is impacting late minute planting decisions.
AgDay TV Markets Now: Randy Martinson, Martinson Ag, discusses what farmers are mostly likely to plant this spring and what’s influencing their decisions.
Cattle higher Monday with near to record cash prices. However, the market fails to negate chart reversals. Has the cattle market scored an intermediate top? Scott Varillek, Kooima Kooima Varilek, has the answer.
Corn and soybeans end higher Friday, despite lower wheat. Cattle recover with near to record cash. What’s next for crude oil? Chip Nellinger, Blue Reef Agri-Marketing has details.
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says corn and soybeans on short covering and he thinks the funds may continue to cover short positions into the end of the month.
Jerry Gulke says he’d like to see another higher weekly close next week to help confirm the bottom is in the soybean market as well as a close above $12. A higher monthly close would be even more convincing.
Cattle try to recover after reversals Thursday with record cash trade. Is this topping action? Hogs also bounce. Grains mixed after poor technical closes, awaiting news. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Jim McCormick, AgMarket.Net, discusses why grain and livestock futures had a bad day.
Grains end lower, even soybeans after a big rally. Cattle also had a poor technical close after live cattle made new near-term highs. So, was this risk off or hedge selling? Jim McCormick, AgMarket.Net, has more.