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
Soybeans remained above $15 supported by continued crop concerns in Argentina. John Heinberg of Total Farm Marketing talks about how long the weather market may last, lower grains and the new highs in live cattle.
Corn, Wheat and Hogs Lower on Profit Taking and China COVID Cases: Soybeans and Cattle Trade Weather
Soybeans held SA weather premium, corn and wheat saw EOY profit taking and rising China COVID cases. LC made some new contract highs on weather and firming cash bids. John Heinberg, Total Farm Marketing.
Corn and wheat seeing some end of year profit taking, while soybeans are building SA weather premium. Cattle are also supported by weather, profit taking in the hogs. Chuck Shelby of Risk Management Commodities.
Corn, wheat see EOY profit taking on China COVID #s, soybeans up on SA weather. Cattle higher with lower corn & weather supportive, while hogs also see profit taking. Randy Martinson of Martinson Ag has details.
Grains close mostly higher, but will the rally continue in corn or soybeans with a close above $15? How much should farmers sell at these levels? Chip Nellinger with Blue Reef Agri-Marketing has the answers.
Grains mostly higher on fund buying and SA weather. Soybeans close above $15, will the rally keep going? Livestock trade two-sided on EOY squaring. Chip Nellinger, Blue Reef Agri-Marketing has more.
Grains mostly higher with support from SA weather, fund buying. Livestock trading mostly lower, with end of year profit taking after new highs Tuesday. Jeff Hoogendoorn of Professional Ag Marketing has details.
Grains mostly higher early except corn. Yet, corn basis is at 20-year highs, so when should you sell? Soybeans supported by SA weather, but can we stay above $15? Nick Tsiolis of Farmers Keeper has details.
Corn and soybeans were higher Tuesday on SA weather and China lifting more COVID restrictions. Beans got above $15 but couldn’t close above that level. Matt Bennett of AgMarket.Net explains why.
Grains end mostly higher putting in SA weather premium, but soybeans can’t close above $15. Live cattle make new contract highs and fail. Matt Bennett of AgMarket.Net has insight.