Market Analysis
Grains lower Tuesday on profit taking and risk off selling tied to outside markets. Cattle rebounded but how much can the market recover? Vince Boddicker, Farmers Trading Company has details on AgDay TV’s Markets Now.
Grains end lower on Tuesday with continued consolidation and risk off selling from outside markets. Cattle recovered, while hogs made new highs and then faded. Vince Boddicker, Farmers Trading Company, breaks it down.
Cattle recovering Tuesday after the HPAI selloff, while hogs are up on strong demand. Corn falls with rains in the Corn Belt, soybeans rally with the strong crush figure. Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Dave Chatterton Says Grains and Cattle Sink with Risk Off Day, Human HPAI Case
AgDay TV Markets Now: Dave Chatterton, Strategic Farm Marketing, says grains and cattle see risk off selling with human case of HPAI and a soaring dollar.
A risk off day produces a sell off in cattle and grains. Was it all the human case of HPAI? Dave Chatterton, Strategic Farm Marketing, has analysis.
Grains lean lower on USDA Report hangover, ideas of better wheat conditions than 2023. Cattle mostly lower w/HPAI spreading, which supports hogs despite a bearish report. Allison Thompson, The Money Farm, has more.
Corn closes above the 50-day moving average after the USDA Reports, Garrett Toay, AgTraderTalk, talks about how far the market could rally from a technical standpoint.
Jerry Gulke, president of The Gulke Group, says even though the quarterly stocks number for corn came in below the trade guess, he thinks it is more bullish than it looks on the surface due to hidden corn disappearance.
Grains end mixed with strong gains in corn in reaction to USDA’s 90 million acre estimate and lower than expected stocks. But how much higher can corn go? Garrett Toay, AgTraderTalk, shares his thoughts.
USDA provides bullish reports for corn, but neutral to bearish for soybeans and wheat. Brian Splitt, AgMarket.Net, has details.
Grain and livestock markets see 2-sided trade Thursday morning ahead of month end and USDA data. What will the markets trade after the reports? Randy Martinson, Martinson Ag, has insight.
Mike Zuzulo with Global Commodity Analytics says farmers and funds have sold in the corn market the last couple of sessions with uncertainty on several fronts, including growing concerns about the USDA reports.
Row crops remained under pressure on supply concerns, wheat was mixed. Cattle recover, so is the panic selling over? Mike Zuzulo, Global Commodity Analytics, has price action.
Corn and soybeans, plus cattle continue to see technical selling pressure. Report squaring, plus HPAI news and the port closure have been negative for the markets. DuWayne Bosse, Bolt Marketing, covers it all.
Chuck Shelby, Risk Management Commodities, says grain and livestock were mostly lower Tuesday as funds sold with the uncertainty surrounding the HPAI cases in dairy herds as well as the Baltimore port closure.
A mostly lower day Tuesday in grain and livestock futures. Chuck Shelby, Risk Management Commodities, says uncertainty hit the market on many fronts.
Grains are mostly lower on report positioning, while Brad Kooima, Kooima Kooima Varilek, says cattle make near term lows working in the Cattle on Feed Report and HPAI news.
Jerry Gulke discusses an unusual trend in the markets.
A mixed close in both grain and livestock futures. John Payne, Hedge Point Global Markets, says there was positioning end of month and quarter, plus heading into reports.
John Payne, Hedge Point Global Markets, says, “The intension for the farmers here isn’t always coming through with the USDA realities and I think they’re going to show corn acres closer to 92 to 93 million.”
Grains gear up for end of quarter and USDA reports, while cattle react to the bearish placements in Friday’s USDA data. Kent Beadle, Paradigm Futures, has more.
Oliver Sloup, Blue Line Futures, says the USDA Ag Outlook Forum set the benchmark showing a nearly 4 million acre increase in soybeans and 3.6 million acre decrease in corn. So that is already priced into the markets.
Markets closed mixed Friday, evidence of end quarter profit taking by the funds says Oliver Sloup, Blue Line Futures. He thinks they may continue that action ahead of reports and an uncertain growing season.
Grains fall on weather, but what else is behind it? Does the reversal in cattle mean anything? And will gold & the DOW continue to make new highs & what does it mean for ag markets? Darin Newsom, Barchart, has more.
Grains end higher with livestock mostly lower. Brad Kooima, Kooima Kooima Varilek, says markets are seeing end of month and report squaring.
Grains end higher Thursday with soybeans making new highs for the move. Cattle close lower after record strong cash trade scoring a third reversal says Brad Kooima, Kooima Kooima Varilek.
Grains fade the early rally ahead of month end and USDA Reports as AgMarket.Net releases its acreage estimates. Matt Bennett breaks it down.
AgDay TV Markets Now: Allison Thompson with The Money Farm discusses the ratios between corn and beans and wheat and beans and how that is impacting late minute planting decisions.
AgDay TV Markets Now: Randy Martinson, Martinson Ag, discusses what farmers are mostly likely to plant this spring and what’s influencing their decisions.
Cattle higher Monday with near to record cash prices. However, the market fails to negate chart reversals. Has the cattle market scored an intermediate top? Scott Varillek, Kooima Kooima Varilek, has the answer.