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 mostly higher on corrective buying and wheat export news. Soybeans keep an eye on Brazil weather. Cattle and hogs continued to recover but are they confirming lows? Rich Nelson of Allendale has details.
AgDay TV Markets Now: Rich Nelson, Allendale, explains what drove the mostly higher day in grains and if wheat and corn have finally bottomed.
Wheat rallies with talk of China biz, plus corrective buying, Soybeans off highs w/Brazil rain chances, corn makes new lows. Cattle & hogs consolidating, so are the lows in? DuWayne Bosse, Bolt Marketing, has more.
Dredging the Mississippi River to a depth of 50' allows 500,000 more soybean bushels to be loaded per vessel, which helps lower freight rates and adds to the value of the soybeans exported.
The port of South Louisiana is the No. 1 export port for grain by volume in the U.S., so it’s important for U.S. farmers getting their product to export markets.
An increase in crushing capacity means there’s going to be more soybean meal available for export. To prepare for that transition, infrastructure improvements are being made at the Port of Grays Harbor in Washington.
Soybeans fall w/no export biz & extended rain chances in Brazil, corn hits new lows on liquidation. Wheat sees corrective buying. Cattle consolidating, hogs lower. Randy Martinson, Martinson Ag, has more.
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says ag markets see corrective buying, so why can’t corn follow and instead makes new lows?
Ag markets see corrective buying except corn which hits contract lows. Cattle surge with a limit up day in Jan feeders. Can the markets build on this recovery Tomm Pfitzenmaier, Summit Commodity Brokerage has more.
Grain markets seeing corrective buying except for corn which made new lows again. Cattle seeing a relief rally, as well as crude oil. Shawn Hackett, Hackett Financial Advisors, has more.