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
U.S. farmers are concerned about rising trade tensions with the EU but U.S. Trade Representative Jamieson Greer calls the president’s recent actions justifiable.
Grains futures consolidated on Tuesday with risk-off selling tied to outside market concerns regarding possible EU tariffs and retaliation according to Oliver Sloup with Blue Line Futures.
Brad Kooima of Kooima Kooima Varilek says with the confirmation of no cases of NWS in the U.S. the cattle market should rebound Tuesday. However, with outside markets seeing risk off selling that may temper some of the buying interest in cattle.
After years of steady growth, the U.S. agricultural land market is shifting and stabilizing.
Jerry Gulke, president of The Gulke Group, says the report provided some valuable lessons about marketing.
Shawn Hackett with Hackett Financial Advisors says with corn and soybean prices plunging at the beginning of the week in response to the bearish USDA report, the lower price levels stimulated end user buying.
The political climate might finally be right to pass year-round E15 legislation. Analysis from NCGA indicates E15 legislation would be one of the quickest ways to increase demand and work through the record pile of corn.
Joe Kooima with Kooima Kooima Varilek says cattle futures were down early on liquidation ahead of the three day weekend, lack of fed cash news and a rumor of NWS in the U.S.
South Dakota Governor Larry Rhoden announced the $900,000 Future Fund grant for the non-profit bioprocessing facility at South Dakota State University.
John Heinberg with Total Farm Marketing says soybeans rallied with the surging bean oil market on Thursday on talk of favorable biofuels policy in the Renewable Fuels Standard.