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 and soybeans rally amid option expiration but watching Middle East developments and weather, while wheat sees profit taking. Cattle continue to consolidate. Allison Thompson, The Money Farm, has details.
AgDay TV Markets Now: Garrett Toay, AgTraderTalk, says corn and beans see technical selling is a risk-off market day and fade friendly export news. Wheat saw short covering after getting oversold.
Corn and soybeans lost early gains on technical selling and bearish outside markets. Wheat saw short covering. Cattle saw more fund liquidation, with more short covering in hogs. Garrett Toay, AgTraderTalk, has more.
With drought and heat stress in Iowa this season corn and soybean yields are variable, but not that far off of 2022.
Corn & beans fade with outside markets despite friendly soybean export news. Wheat holds gains on short covering and Ukraine headlines. Cattle consolidate. Hogs extend gains. DuWayne Bosse, Bolt Marketing, has more.
Grains seeing a corrective bounce but trading weather, export news and war headlines. Live cattle continue to correct. Crude oil pressured on geopolitical news. Darin Newsom, Barchart, has more.
AgDay TV Markets Now: Matt Bennett, AgMarket.Net, says grains see risk off technical selling with corn taking out key support.
Grains see fund selling with risk off in outside markets, plus a lack of bullish news beyond a soybean sale to China. Cattle and hogs see an oversold technical bounce. Matt Bennett, AgMarket.Net,has more.
Grains see more technical selling on macroeconomic fears as soybeans fade 4.6 mb of China biz. Cattle and hogs oversold and try to consolidate. Mike Minor, Professional Ag Marketing has more.
Cattle try to hold early gains after the COF bearishness. Hogs bounce off more contract lows. Grains see pressure with technical selling with macroeconomic fears. Brad Kooima, Kooima Kooima Varilek, has more.