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 mixed on spread unwinding, with soybeans up on 21.7 mb of fresh export business. Hogs higher on strong exports. Cattle lower despite higher cash. Michelle Rook talks to Allison Thompson of The Money Farm.
Brian Splitt, AgMarket.Net, says: USDA cut export demand for corn, ethanol and soybeans. That’s going to be the theme — a lower crop but also demand.
Grains end mostly higher after a reversal in outside markets & Russia’s threat to exit the export deal. Livestock mostly lower, despite firm cash. Michelle Rook talks to Mike Zuzulo of Global Commodity Analytics.
Grains reverse with outside markets amid bearish CPI, talk of Russia exiting export deal. Livestock lower despite higher cash cattle trade. Michelle Rook talks with John Payne of Hedge Point Global Markets.
Early price pressure with risk off in outside markets after a bearish CPI numbers. Higher cash cattle trade may stabilize that market. Michelle Rook talks with Scott Varilek of Kooima Kooima Varilek.
Grains mixed reacting to the WASDE numbers and bullish soybean surprise. Livestock ended mostly higher. Michelle Rook has analysis with Chip Nellinger of Blue Reef Agri-Marketing.
USDA provided a bullish surprise for soybeans in the WASDE. Corn and wheat numbers came in below September, but above expectations. Live Cattle fail. Michelle Rook talks with Brian Splitt of AgMarket.Net.
Harvest results in Nebraska are understandably disappointing with some of the driest conditions during the season since the drought of 2012.
Grains mixed with soybeans rebounding on China export news, report positioning. Livestock rally with lower corn and technical buying in cattle. Michelle Rook has details with Rich Nelson of Allendale.
Rising prices are impacting every aspect of the food and agriculture supply chain and that may not change dramatically through the balance of 2022 according to the Federal Reserve Banks of Minneapolis and Kansas City.