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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Grains mostly higher except old crop corn, with short covering ahead of the end of the month and USDA data dump. Livestock consolidate with inside days in cattle and hogs. DuWayne Bosse, Bolt Marketing has more.
Grains lean higher with China corn sales, calmer outside markets and report positioning. Livestock futures see profit taking but cash cattle called higher this week. Brad Kooima of Kooima Kooima Varilek has more.
AgDay TV Markets Now: Mark Schultz of Northstar Commodity discusses the risk on day in commodities with grains seeing report positioning.
Grain and livestock futures higher with a risk on day in outside markets, plus positioning ahead of USDA reports and end of the quarter brought some short covering. Mark Schultz of Northstar Commodity has details.
Grain and livestock futures have all turned higher with a risk on tone to the market. Plus, positioning in the grains and hogs ahead of USDA reports and end of quarter. Matt Bennet of AgMarket.Net has analysis.
Grains mixed early with report and end of quarter positioning, corn did see 4.4 mb of export biz. Livestock higher but will gains hold? Chip Nellinger, Blue Reef Agri-Marketing.
Questions are arising about whether or not Russia will temporarily halt wheat and sunflower exports after a sharp drop in global prices in recent weeks and conflicting stories on Friday.
AgDay TV Markets Now: Tomm Pfitzenmaier of Summit Commodity Brokerage talks about what caused the short covering rally in grains on Friday and if it will continue?
Political tensions between the U.S. and China have run high the past several months. The good news is it doesn’t appear there has been much spillover into U.S. agricultural trade.
Wheat led a short covering rally in grains w/conflicting news of a Russia wheat ban. More China biz helped corn. But are funds done selling soybeans? LC saw a technical bounce. Tomm Pfitzenmaier, Summit Commodity.