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
Wheat & beans see corrective buying but corn hits new lows on hedge pressure, liquidation. Cattle consolidate but are funds done liquidating? Milk prices continue to drift. Bryan Doherty, Total Farm Marketing, has more.
AgDay TV Markets Now: Chuck Shelby, Risk Management Commodities, talks about what caused the commodity wide selloff on Monday.
Commodity wide technical selling Monday pushed corn, wheat and hog contacts into new lows. Cattle also saw fund liquidation. But what was the catalyst? Chuck Shelby, Risk Management Commodities, has analysis.
Commodity wide technical selling has most markets in the red. Corn and wheat are making new lows as well as hogs. Cattle are trading below the May chart breakout. Kent Beadle, Paradigm Futures, has analysis.
Cattle see corrective buying after an ugly Friday but how much technical damage was done? Hogs consolidating. Corn falls with wheat and soybeans 2-sided Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Allison Thompson talks post-harvest marketing strategies for corn, soybeans and wheat in a South America weather market.
Soy complex lower on profit taking, Brazil rain. That pull corn and wheat off highs despite export sales. Cattle fall with disappointing cash at $177/$280, hogs mixed. Mike Minor, Professional Ag Marketing, has more.
Soybeans see profit taking w/Brazil rain, corn & wheat supported by export sales, corrective buying. Cattle 2-sided but trying to make a low, while hogs are mixed. Chuck Shelby, Risk Management Commodities, has more.
Cattle again see fund selling on early strength & sloppy cash, hogs up on cattle/hog spreads. Soybeans see profit taking w/Brazil rain, corn is up with a 5 mb export sale. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says soybeans put in Brazil weather premium but end off highs hitting resistance, corn is a follower.