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
Row crops and hogs see corrective buying on Wednesday. Strong technicals and cash hopes continue to push the cattle. Michelle Rook summarizes the day with Shawn Hackett of Hackett Financial Services.
Markets mostly higher at midday except wheat. Row crops try to stage technical bounce, but held back by wheat. Cattle see fund buying on the break. Michelle Rook has analysis with Don Roose U.S. Commodities.
Mixed opening with row crops and hogs seeing a technical bounce, profit taking in cattle. Michelle Rook talks with Kent Beadle of CHS Hedging.
Grains and hogs were under pressure on economic and political concerns regarding China and more favorable weather. Cattle scored new highs for the move. Analysis with Chip Nellinger of Blue Reef Agri-Marketing.
Markets mostly lower except cattle. Grains see follow through technical selling and weather weigh on market. Chart action brings funds into cattle market plus higher cash ideas.
The Inflation Reduction Act has been passed by both the Senate and House. The $740 billion bill contains several components that are favorable for agriculture.
Grains see follow through selling, while livestock start higher then turned mixed with a nice rally in cattle.
Are U.S. crops getting smaller and is that enough of a catalyst to get the funds to come back in to buy commodities? Will the historical cotton abandonment in the WASDE push the market back to contract highs?
A mostly lower day on Monday except hogs as poor economic news out of China and weather produced a risk off session. Cattle gave up early gains as funds took profits, hogs supported by the futures discount to the LHI.
Grains continue lower with a risk off session, but have rebounded off the lows. Livestock mostly higher.