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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Grain and livestock futures see early strength. Technical buying in grains, drier weather in Argentina and strong corn exports. Cash grain prices holding strong according to Nick Tsoilis with The Farmer’s Keeper.
Cattle futures lower fading USDA’s Cattle Inventory Report. Hogs resume their slide, while grains ended mixed as soybeans see profit-taking. Is the weather rally over? Brad Kooima of Kooima Kooima Varilek has more.
AgDay TV Markets Now: Brad Kooima of Kooima Kooima Varilek says cattle futures fade USDA Cattle Inventory Report but will eventually make record highs.
AgDay TV Markets Now: Oliver Sloup of Blue Line Futures talks about the mixed closes with end of the month positioning the main feature, but corn and soybeans also continue to fail at resistance.
The U.S. Army Corps of Engineers has been dredging the river 24 hours a day, 7 days a week since July but hopes to finish very soon.
Grains try to recover midday with help from the reversal in outside markets. Live cattle are mixed with bullish hopes for the USDA Cattle Inventory Report. Scott Varilek of Kooima Kooima Varilek has details.
Grain and livestock traded 2-sided with end of the month positioning, profit taking & spread unwinding. However, corn & soybeans failed to take out chart resistance. Oliver Sloup, Blue Line Futures has analysis.
Grains see corrective buying end of month, hit resistance, plus risk off in outside markets. Profit taking in LC after new contract highs, while hogs continue their recovery. Rich Nelson of Allendale has more.
AgDay TV Markets Now: Matt Bennett of AgMarket.Net talks about the SA weather rally in soybeans and meal and if those markets can move higher? Plus, live cattle hit contract highs on higher cash.
Grains mostly higher with new contract highs in soybean meal putting in SA weather premium, but how high can prices go? Live cattle hit new contract highs on higher cash. Matt Bennett of AgMarket.Net has details.