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
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Corn & soybeans down on corrective selling, plus lower CO and wheat with moisture in HRW areas. Cattle extend gains on strong fundamentals, lower cutouts weigh on hogs. Randy Martinson of Martinson Ag has more.
Is the Biden Administration’s trade agenda finally making some progress? Farm groups are hopeful after key appointments are confirmed and some recent success stories on the trade front.
Markets mostly lower early with profit taking in corn and beans with Argentina crop concerns dialed in. Cash basis levels on grains are also softening. Nick Tsiolis of Farmer’s Keeper says there is downside risk.
AgDay TV Markets Now: Matt Bennett of AgMarket.Net talks about soybeans closing higher on Argentina frost. However, neither soybeans or meal took out last week’s highs, so will the rally continue?
The soybean complex was up on Argentina frost. Corn tried to follow but wheat failed with forecasted moisture in HRW areas. Livestock up working in strong cash and cutouts. Matt Bennett, AgMarket.Net has analysis.
Markets are mostly higher at midday with cattle and hogs supported by higher cash and cutouts. Soybeans and meal trading Argentina frost and trying to pull corn along. Brad Kooima of Kooima Kooima Varilek.
Soybeans and meal higher on Argentina frost and corn and wheat trying to follow but watching geopolitical headlines. Livestock supported early with higher cash and cutouts. Darin Newsom with Barchart has details.
AgDay TV Markets Now: Chip Nellinger of Blue Reef Agri-Marketing Discusses This Week’s Market Movers Including Argentina Frost, China and Black Sea Trade Tensions
New crop corn and soybean prices are historically high but with the current fundamentals should you be forward pricing? Darren Frye of Water Street Solutions provides insight.