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
AgDay TV Market Now: Arlan Suderman, StoneX says Corn up for the 4th day, but a sustained rally may be unlikely.
Corn and wheat rallied on end of month profit taking by the speculative traders, while soybeans and cattle faltered. Arlan Suderman with StoneX has details.
Corn closes higher with China talk but is the market finally bottoming? Matt Bennett, AgMarket.Net, provides insight.
AgDay TV Markets Now: Matt Bennett, AgMarket.Net, says corn is up for a third day despite a down day in wheat. Is it bottoming action and what kind of recovery rally can we expect?
AgDay TV Markets Now: Allison Thompson Discusses if Wheat is Bottoming and Can Lead Row Crops Higher
AgDay TV Markets Now: Allison Thompson with The Money Farm discusses if wheat is bottoming, and it can pull corn and soybeans higher?
Grains up with corn above $4. Will the recovery rally hold or be sold? The wheat market extends last week’s gains. Plus, live cattle shake off the COF report. Tomm Pfitzenmaier, Summit Commodity Brokerage, has more.
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says the question after Monday’s recovery rally is “Will it hold or be sold?”
Corn makes contract lows on selling before March delivery. Wheat and beans are oversold and try to bounce off new lows. Profit taking in cattle post the COF report. Allison Thompson, The Money Farm, has more.
AgDay TV Markets Now: Tommy Grisafi says old crop corn closes below $4 and may still not be low enough with the current ending stocks.
So, will the farmer selling dry up next week or will the funds take their foot off the accelerator? Grisafi says, “If the funds are still adding to their short position this could get really ugly.”