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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Jerry Gulke, president of the Gulke Group, says the most significant part of the report was the breakdown of who is holding the grain.
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says threat of government shutdown melts down grain and livestock markets, trumps reports. So what are the long term market implications?
The USDA reports were bullish for corn with lower-than-expected quarterly stocks, but bearish for soybeans. Wheat numbers were also bearish with higher-than-expected production.
Markets end in a sea of red and with lower weekly closes as funds sell on the looming government shutdown. That seemed to trump all other news including USDA’s reports. DuWayne Bosse, Bolt Marketing, has more.
USDA reports slightly friendly corn, bearish beans and wheat with bigger spring wheat crop. All markets in the red on govt. shutdown. Matt Bennett, AgMarket.Net has analysis from the combine!
Markets mostly lower. Positioning end of quarter, pre-report, possible government shutdown, PCE data. Is the corn market putting in a long term low? Lots to talk about with Darin Newsom, Barchart.
AgDay TV Markets Now: Rich Nelson, Allendale, says corn rally driven by short covering heading into reports but a harvest low may not be in. Soybeans slide with harvest pressure and export concerns.
Corn up on pre-report short covering, beans slide on slow exports. KC and MN wheat make new lows. Cattle see a technical bounce with equities, while hogs rally pre-report. Rich Nelson, Allendale has analysis.
Corn higher with exports, soybeans below $13 on talk of China cancellations. Cattle see a technical bounce with hogs firm ahead of Hogs and Pigs Report. Mike Minor, Professional Ag Marketing has more.
Fall is a great time for farmers to plant cover crops to improve soil health.