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
Grains are higher with corrective buying, but wheat puts in war premium. Crude oil, Argentina weather also supportive. Nearby live cattle are up on higher cash. Hogs mixed. DuWayne Bosse of Bolt Marketing.
A Senate Ag Committee farm bill hearing focused on how the Title I safety net is no longer adequate with the current ag environment.
Cattle strong w/higher cash of 254/160. Hogs mixed with the cash index slowly improving. Corn, soybeans supported by strong cash, SA weather, higher CO. Scott Varilek of Kooima Kooima Varilek has more.
Grains end lower as profit taking sets in with weather, CO and exports factors. Yet grains still rangebound. Livestock consolidate as cattle await cash. Chuck Shelby with Risk Management Commodities has more.
AgDay TV Markets Now: Chuck Shelby of Risk Management Commodities talks about the lower day with profit taking in the grains, but markets are still chopping in trading ranges.
Grains see profit taking, with lower crude oil, U.S. and SA weather a factor as well as exports. What’s keeping grains at these current price levels and what could change that? The outlook w/Steve Freed ADMIS.
Corn and soybeans see 2-sided trade watching SA weather, export news. Wheat lower on the poor weekly exports. Livestock consolidate after early strength. Kevin Duling of KD Investors has details.
AgDay TV Markets Now: John Heinberg discusses how the lower Argentina production numbers are already worked into corn and soybean prices and what the market needs to keep pushing higher.
Grains up after minor U.S. changes in WASDE. Argentina cuts were bigger, but already priced in. Wheat saw short covering. Hogs bounced, while cattle consolidated.. John Heinberg of Total Farm Marketing.
Are the U.S. and Mexico getting close to a solution that will avert a trade dispute in the USMCA? Maybe, but it comes with a test.