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
AgDay TV Markets Now: Brad Kooima of Kooima Kooima Varilek says row crops put in weather premium, while live cattle put in a strong performance and again eye contract highs with higher cash trade ideas.
Grains higher on hot dry extended forecasts but also war premium after Russia attacked the Odessa port. Live cattle eye contact highs. While hogs consolidate. Brad Kooima, Kooima Kooima Varilek.
Corn and wheat lower on profit-taking, despite news the grain deal is done. Soybean higher w/meal, wx concerns. Live cattle consolidate off contract highs awaiting cash, hogs sense a cash top. Brian Grete, Pro Farmer.
AgDay TV Markets Now: Brian Grete with Pro Farmer discusses why grains faded news of an end to the Black Sea Grain deal but yet soybeans held gains.
Corn, wheat fade Russia ending the Black Sea Grain deal. Meal, weather & China export talk support soybeans. Cattle firm w/higher cash ideas, hogs supported by higher cash index. Kent Beadle, Paradigm Futures.
Grains fade after higher open on weather, China soybean export talk and the end of the Black Sea Grain deal. Cattle firm but fail to take out last week’s highs? Kevin Duling, KD Investors.
Despite rains the last couple of weeks in parts of the Corn Belt the latest drought monitor shows drought continues to grip a huge part of the Midwest, including Nebraska>
Arlan Suderman, StoneX Group, and DuWayne Bosse, Bolt Marketing, debate USDA’s WASDE numbers.
AgDay TV Markets Now: Jim McCormick of AgMarket.Net discusses what the grain market is signaling with higher weekly closes after the bearish WASDE.
Following the bearish report on Wednesday, grain markets closed higher for the week, which, according to Jerry Gulke, signals the market might believe there is more downside to yield.