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 and wheat see follow through selling, while soybeans correct w/meal, hot dry weather returning in Argentina, export biz. Short covering in cattle, with hogs mixed. Kent Beadle of Paradigm Futures has more.
AgDay TV Markets Now: Bill Biedermann of AgMarket.Net talks about the reason for the commodity wide sell off and if the soybean market did any technical damage with the close below $15 after hitting record highs.
Grain and livestock futures saw a commodity wide selloff with the “risk off” in outside markets like crude oil and the higher dollar. But did we do technical damage? Bill Biedermann of AgMarket.Net has the answer.
We have a new definition for the Waters of the U.S. — at least for now. Some farm groups, including the National Cattlemen’s Beef Association, are unhappy with the outcome.
Markets are all down in a commodity wide selloff, with the risk off in outside markets. However, there’s still optimism ahead for markets like soybeans and cattle. Scott Varilek, Kooima Kooima Varilek explains.
Grains open steady to lower with rains over the weekend in Argentina lower CO, higher dollar. Cattle opened mixed but look poised to move higher, with hogs lower. Tomm Pfitzenmaier with Summit Commodity Brokerage.
Plans are set for 18 new soybean processing plants in the U.S. and there are more on the drawing board. With the push for low carb fuels like renewable diesel the industry has exploded.
Grains end the year strong with soybeans above $15 but will the South American weather rally continue? John Payne of Hedge Point Global Markets has the answer and factors that will drive the markets to start 2023.
Soybeans and meal supported by SA crop concerns & export demand. Wheat saw short covering, corn ended lower. Livestock ended mostly lower on EOY profit taking. John Payne, Hedge Point Global Markets has more.
Cash Basis Levels for Corn and Beans at 20-Year Highs: What Is Driving It and How Long Will It Last?
Cash basis levels for corn and soybeans at 20-year highs as a result of transportation issues tied to winter storm Elliott, but it’s also due to tight supplies.