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
USDA shocks the market with higher corn & soybean yield, production and carryout. SA numbers were not supportive either. Lower winter wheat acres and carryover slightly friendly. Jim McCormick, AgMarket.Net
Friday will be one of the busiest report days of the year for the grain markets with several major reports. What’s likely to move the market?
Cattle consolidate early awaiting more cash & despite higher beef, but does the market have enough wx premium? Hogs see profit taking. Grains mixed ahead of USDA data. Scott Varilek, Kooima Kooima Varilek, has more.
Cattle consolidate early awaiting more cash & despite higher beef, but does the market have enough wx premium? Hogs see profit taking. Grains mixed ahead of USDA data. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Rich Nelson, Allendale, looks at what the grain market is expecting in the USDA Reports, what could move the market and how much is already factored into prices.
Grains end mostly lower except soybeans on exports, Argentina estimates & ahead of USDA data. Are bearish reports already priced in? Cattle & hogs finish strong on wx, firmer cutouts. Rich Nelson, Allendale, has more.
Grains are mixed with positioning ahead of the reports and weak exports, soybeans are oversold and seeing corrective buying. Cattle up on higher cash ideas and wx. Chip Nellinger, Blue Reef Agri-Marketing has more.
Grains mixed, consolidating ahead of the USDA Reports and with weak exports, shipping issues and more moderate wx forecasts. Cattle and hogs see profit taking. Mike Zuzulo, Global Commodity Analytics, has more.
AgDay TV Markets Now: Alan Brugler, Brugler Marketing, says Conab’s Brazil soybean estimate disappoints the market, while corn and wheat close mixed positioning ahead of the WASDE.
Soybeans fall on CONAB’s Brazil estimate and pre-WASDE. Corn and wheat end mixed on report positioning. Cattle and hogs mostly higher but with a lukewarm response to wx. Alan Brugler, Brugler Marketing, has details.