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
Fund buying with the risk on day and strong technicals support ag markets. Plus, grains watch weather and the Argentina strike. Cattle recover with higher cash ideas. More with Matt Bennett of AgMarket.Net.
Grains all higher on weather and technicals, plus soybeans eye a strike in Argentina & NOPA crush. Cattle bounce on higher beef and cash ideas, with short covering in hogs. DuWayne Bosse of Bolt Marketing explains.
Wheat and corn mostly lower on spreads & profit taking, despite cold weekend temps. Soybeans up on Argentina strike. Cattle rebound on higher cash ideas. Kevin Duling, KD Investors explains.
AgDay TV Markets Now: Arlan Suderman, Chief Commodities Economist with StoneX says wheat and corn traded weather, China export news, while the big Brazil crop weighed on beans. Row crops focus on planting next week.
Wheat put in war/weather premium, w/corn rebounding on China biz. Follow through selling in beans w/Brazil’s record supplies. Cattle saw some healthy profit taking, w/short covering in hogs. Arlan Suderman, StoneX.
Soybeans down on news of Brazil imports, corn gets a boost from China sales, wheat puts in weather & war premium. Cattle see profit taking & hedge pressure, w/short covering in hogs. Ted Seifried, Zaner Ag Hedge.
Cattle see profit taking & hedge selling after record cash. Mostly $175 South, $290 North. Hogs seeing short covering off contract lows. Bull spreading in corn w/ China biz.. Scott Varilek of Kooima Kooima Varilek.
AgDay TV Markets Now: Tommy Grisafi of Advance Trading discusses the risk off selling in grains and the drop coming in cash grain prices as May options expire and elevators roll from bidding off May to July.
Markets end mostly lower on risk off, profit taking on corn & soybean spreads, and poor exports. Nearby cattle hit new highs after record cash, then saw hedge pressure. Tommy Grisafi of Advance Trading.
Nearby cattle hit new highs as record cash trickles in, while hogs make new contract lows. Corn and soybeans have backed off highs, with lower wheat but still seeing bull spreads. Mike Minor of Professional Ag Marketing.