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
Corn sees harvest pressure, soybeans up on China talk and SA news. Wheat sees short covering. Dec live cattle filled the chart gap but can they keep going? DuWayne Bosse, Bolt Marketing, joins us while harvesting corn!
Cattle try to fill chart gaps with help from cash, S&P. Hogs back up. Soybeans lead gains with China talk, lower Brazil estimates. Corn & wheat are trying to follow. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says corn closes at new lows with harvest pressure, while soybeans and wheat see some technical buying. However, grain markets are looking for news.
Drought hit farmers hard in Minnesota this season, so farmers are finding mixed results at harvest. Many are disappointed with soybeans but say their corn yields are better than expected.
Corn sees harvest pressure with technical buying in soybeans and wheat amid a lack of news besides the FOMC decision. Cattle higher but into resistance, profit taking in hogs. Ted Seifried, Zaner Ag Hedge, has more.
Corn takes out support with harvest pressure, soybeans higher with talk of China biz and wheat sees corrective buying. Cattle higher but into chart resistance. Randy Martinson, Martinson Ag, has details.
Major infrastructure investments being made at the port of Grays Harbor in Aberdeen, Wash., will help improve the efficiency of getting product to market and help expand soybean meal exports.
Grains mixed early. Wheat sees short covering after new lows in KC and MN, row crops looking for direction, await FOMC. Livestock building on recent gains. Vince Boddicker, Farmers Trading Company, has more.
AgDay TV Markets Now: Kevin Duling, KD Investors, says wheat makes new lows on technical selling and Russia export news, while corn and soybean see a corrective bounce.
Wheat hits new lows in KC on fund selling, crop ratings, talk of Russia lowering its export tax. Row crops up on corrective buying. Cattle consolidating under chart resistance. Kevin Duling, KD Investors has more.