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.
Watch The Latest Episode on Farm Journal TV.
More from Michelle Rook
How much is the drought cutting Brazil’s crop and will soybean and corn prices take note if forecasted rains don’t confirm?
Grains mostly higher Friday but down for the week on technical selling, with more favorable wx in Brazil. USDA reports friendly for hogs, neutral to slightly bearish for cattle. Don Roose, U.S. Commodities has more.
A coalition of nearly 50 ag groups are urging the Biden administration to take immediate action to open Mexican rail crossings before it’s too late.
What is really going on in Brazil as forecasted rains seem to trump continued lower crop estimates? Will it take a sub 150 mmt soybean crop for the market to care? Darren Frye, Water Street Solutions has the answers.
Grain and livestock chop ahead of the holiday, with end of year positioning and profit taking. Cattle mixed and ignore stronger cash as livestock gear up for USDA reports. DuWayne Bosse, Bolt Marketing, has details.
AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, says corn bounces off contract low, soybeans fall but Brazil crop concerns not over.
Corn & wheat see corrective buying. Soybean slide on Brazil rain. Cattle consolidate pre-COF, despite better cash. Hogs saw bull spreading on strong exports. Jeff Hoogendoorn, Professional Ag Marketing, has details.
Cattle struggle awaiting confirmation of higher cash and COF, hogs bounce on better exports. Corn sees short covering off new lows, soybeans extract SA wx premium. Brad Kooima, Kooima Kooima Varilek, has details.
AgDay TV Markets Now: Garrett Toay, AgTraderTalk, talks about why corn hit new contract lows and why soybeans aren’t more concerned about Brazil’s crop.
Grains lower on technical selling with the lack of positive news. Corn scores new contract lows, soybeans still eye Brazil rain chances. Cattle sees fund buying with lower corn. Garrett Toay, AgTraderTalk, has more.