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 ended lower after the WASDE disappointed the bulls. Wheat ended higher with lower global stocks. Cattle hit new highs and then faded. Matt Bennett, AgMarket.Net has details.
Despite lower yields, the September WASDE was disappointing for the bulls. Ted Seifried, Zaner Ag Hedge, breaks it down and talks about what it means for prices.
Cattle hitting new contract highs again on bullish cash ideas, tight supplies. Hogs test resistance. Grains lower pre-WASDE, with disappointment about crop ratings. Brad Kooima, Kooima Kooima Varilek has more.
The trade is expected lower yields in the September WASDE after the continuation of hot and dry weather in the last month.
AgDay TV Markets Now: Shawn Hackett, Hackett Financial Advisors discusses the WASDE and what yield numbers are already baked into the market, plus the reason wheat is at contract lows.
Row crops up on the yield cuts expected in the WASDE, while wheat hits contract lows. Feeders make all-time highs, live cattle try to follow. Is the dollar topping? Shawn Hackett, Hackett Financial Advisors has more.
Grains mixed on report squaring with lower yield ideas, SRW wheat makes new contract lows. Feeders hit all-time highs and pull fed futures, hogs bounce off trendline support. Kent Beadle, Paradigm Futures, has more.
Row crops up on lower yield ideas in WASDE, wheat hits contract lows on rains in HRW areas. Cattle extend gains after a higher week last week, short covering in hogs. Randy Martinson, Martinson Ag has more.
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing previews the September WASDE, including how much USDA might cut corn and soybean yields.
AgDay TV Markets Now: John Payne, Hedge Point Global Markets, provides his outlook for the cotton market.