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
Wheat sets back on profit taking, with corn & beans trying to hold watching weather, seeing spread trade. Live cattle are consolidating, while feeders are supported by strong cash. Randy Martinson of Martinson Ag.
2-Sided in livestock with some consolidation. Will cash be higher again this week? Are hogs trying to bottom? Some profit taking and spread unwinding in corn. More with Brad Kooima, Kooima Kooima Varilek.
AgDay TV Markets Now: Matt Bennett with AgMarket.Net recaps the risk on day in ag markets, but says grains were also supported by weather and fund/technical buying after Nov soybeans and Dec corn held support.
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.