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
The 2023 farm bill may not be completed before it expires on September 30 but there is hope it could be done by year end.
Grains mostly lower with profit taking on better extended weather, but still supported by global supply concerns. Chuck Shelby, Risk Management Commodities says cattle and hogs supported by higher cash.
AgDay TV Markets Now: Darin Newsom with Barchart says funds still buying and chasing Black Sea headlines in wheat, while profit taking hits row crops Thursday.
Wheat ends slightly higher Thursday, but corn and soybeans finally set back. Cattle hit new highs then crashed despite higher cash. Darin Newsom with Barchart has the analysis.
Grains two-sided with profit taking & hedge pressure offset by weather & global supply concerns. Live cattle make new highs then crash, hogs pushed by a rising cash index. Mike Minor, Professional Ag Marketing.
Grains mixed with profit taking, hedge selling offset by weather and war concerns. Cattle higher with the softer corn and higher cash ideas, with the LHI also pushing hogs. Scott Varilek, Kooima Kooima Variilek.
AgDay TV Markets Now: Bryan Doherty with Total Farm Marketing says grains close higher adding more war and weather premium. New crop corn and soybeans and even wheat close above key chart areas.
Grains higher adding risk premium tied to war and weather. How high do prices project? Live cattle hit more contract highs, milk futures were soft but have they bottomed? Bryan Doherty, Total Farm Marketing.
Grains Pushed by Forecast, Russian Attacks on Ukraine Port: Cattle Fall on Higher Feed, Hogs Correct
Grains higher with hot dry extended forecasts and Russia again attacking Ukraine ports. How how will prices go? Cattle fall with higher corn, while hogs correct. Randy Martinson, Martinson Ag.
Grains Higher Putting in War and Weather Premium: That Pressures Cattle and Hogs Despite Strong Cash
Grains sharply higher putting in war and weather premium. Corn, beans get above chart resistance. Cattle and hogs set back with higher corn and meal, despite strong cash. Vince Boddicker, Farmers Trading Company.