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.
Related Stories
Kyle Bumsted of Allendale says corn was taking a breather after 20 cent report gains on Wednesday. Cattle and hogs were down hard.
Dave Chatterton of Strategic Farm Marketing says USDA provided some positive data for the corn market in the WASDE and could be headed for $5.
USDA’s August report cut corn yields by 2.3 bushels per acre while strong export demand tightened ending stocks, avoiding the bearish surprise traders feared from last year.
Read Next
Passing the farm to the next generation takes more than deciding who gets what. The right estate plan can help avoid family conflict, unexpected costs and headaches down the road.
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.
