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
Corn, beans up with SA concerns & meal into contract highs, but both hit chart resistance. Wheat following, putting in war premium. Live cattle hit contract highs with higher cash. Randy Martinson of Martinson Ag.
With the expansion of the U.S. soybean processing industry due to the push for green fuels farmers are looking for a new home for the extra meal...and they’re finding it in Morocco.
Morocco has a vibrant and growing protein sector, which presents an opportunity for increased sales of U.S. soybeans and meal.
A young, growing population with an appetite for protein presents an opportunity for soybean meal, in particular.
Grains mixed with profit taking in wheat, contract highs in meal supporting soybeans and corn is following. Cattle see strength after higher cash, with hogs firm . Allison Thompson of The Money Farm has more.
AgDay TV Markets Now: Tommy Grisafi of Advance Trading details the geopolitical headlines fueling the grain rally Friday, including Russia’s oil production cut. Plus, Argentina weather continues to be a focus.
Geopolitical headlines sparked technical buying in grains and crude oil today, including Russia’s oil production cut. Argentina crop concerns push soybean meal to new highs. Tommy Grisafi of Advance Trading has more.
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.