It was an ugly day in the ag markets on Tuesday with grain and livestock futures all seeing risk off commodity wide selling. Some of it was tied to end of the month profit taking but wheat and corn were under pressure on more reports Russia was going to allow Ukrainian exports. Michelle Rook talked with John Heinberg of Total Farm Marketing about the sell off.
Grain and Livestock Futures Plunge on Tuesday
It was an ugly day in the ag markets on Tuesday with grain and livestock futures. Michelle Rook talked with John Heinberg of Total Farm Marketing about the sell off.
May 31, 2022 02:34 PM
Related Stories
Chip Nellinger of Blue Reef Agri-Marketing says the rally in soybeans is being driven by China demand and weather concerns.
The market has been supported by war, weather and China demand according to Bryan Doherty of Total Farm Marketing.
Randy Martinson of Martinson Ag says the winter wheat market was adding risk premium tied to the war which pulled up corn.
Read Next
The question facing U.S. agriculture is whether current farm aid is a bridge through temporary hardship — or a pier toward more structural government support.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
