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
Grains higher for the week shaking off the bearish WASDE. Focus on weather, yield, Black Sea Grain Deal and falling dollar. Live cattle rebound into new contract highs, hogs consolidate. Jim McCormick, AgMarket.Net.
Soybeans see profit taking with lower bean oil, no China biz. Corn & wheat up weather & uncertainty about yield, Black Sea Grain Deal. Cattle see technical bounce, while hogs consolidate. Ted Seifried, Zaner Ag Hedge.
Grains are mostly higher on follow through fund buying, with weather and uncertainty on the Black Sea Grain Deal supportive. Do yields need to come down more? Nick Tsiolis, Farmers Keeper.
Grains see a corrective bounce with help from outside markets like the lower dollar. Cattle confirm the reversal with follow through selling. Hogs bounce on higher cash. DuWayne Bosse, Bolt Marketing has more.
AgDay TV Markets Now: Naomi Blohm, Total Farm Marketing explains why grains bounced a day after the bearish USDA Report.
Grains higher on a corrective bounce with a lower dollar, still digesting the report, watching weather & debating yield. Cattle continue to consolidate. Hogs bounce with strong cash. Naomi Blohm, Total Farm Marketing.
Grains higher on corrective buying after the selloff post-WASDE. Hogs bounce with China hopes, but cattle are seeing follow-through selling, so was Wednesday a blow off top? Scott Varilek of Kooima Kooima Varilek.
The July WASDE report was bearish for grains. The biggest disappointment for the bulls was USDA’s ending stocks figure for soybeans.
AgDay TV Markets Now: Chip Nellinger with Blue Reef Agri-Marketing discusses if soybeans have topped and how low corn could go after the USDA Report data.
Grains lower with a bearish USDA report, especially on soybean ending stocks. Have soybeans topped and how low does corn go? Livestock also reverse lower in bearish action. Chip Nellinger, Blue Reef Agri-Marketing.