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 except wheat trading weather, crop ratings, WASDE. Live cattle hit all-time highs chasing record cash, hogs continue to recover but how much upside is left? Brian Grete, Pro Farmer.
AgDay TV Markets Now: Brian Grete with Pro Farmer talks about what’s fueled the recent recovery in the hog market and how long it will last.
Grains lose ground as forecasted rain trumps crop ratings & Ukraine news, plus WASDE positioning. Cattle up 9th day on higher beef and record cash ideas, hogs follow. Chuck Shelby, Risk Management Commodities.
Cattle extend gains on record cash and ideas of higher money this week. Hogs see short covering. Grains up on crop ratings and Ukraine concerns. Brad Kooima, Kooima Kooima Varilek.
AgDay TV Markets Now: Shawn Hackett says corn and soybeans trade extended weather but what kind of premium does the market need to put in if the rain doesn’t confirm?
Corn, beans, cotton lower trading weather, WASDE, exports, outside markets. Wheat higher on short covering. While cattle hit new highs w/record cash. Shawn Hackett, Hackett Financial Advisors has more.
Corn, beans lose early gains watching weather, WASDE, export inspections, outside markets. Cattle make new highs presenting a hedging opportunity, with hogs consolidating. Mike Zuzulo, Global Commodity Analytics.
Grains start higher then turn mixed watching weather, the $, crude oil and squaring ahead of the WASDE. However, what are cash basis levels doing on grain? Cattle make new highs. Nick Tsiolis, Farmer’s Keeper.
AgDay TV Markets Now: Randy Martinson with Martinson Ag says grains rally on Friday as funds buy heading into the weekend and put in weather premium, cattle are in record territory. Will it continue?
After a volatile week, Jerry Gulke was encouraged corn and soybeans closed higher Friday and near session highs. That tells him the weather market, which is still in its early stages, hasn’t run out of steam.