Market Analysis
AgDay TV Markets Now: Dave Chatterton with Strategic Farm Marketing says soybeans up a 4th day on SA crop concerns and higher meal, livestock see chart breakouts, with corn sideways.
Grains higher in early trading on continued corrective buying, despite slightly bearish outside markets. Kent Beadle, Paradigm Futures says the grain markets may have finally run out of sellers.
Corn and soybeans held long term support last week and built on it with Monday’s close.
Grains close mostly higher on corrective buying and crude oil strength. Are lows forming? Cattle lower despite a neutral COF on a lack of cash. Chip Nellinger, Blue Reef Agri-Marketing, has details.
Cattle lower despite neutral COF, on profit taking and the lack of cash. Hogs continue to correct with supplies backing up. Did corn and soybeans put in lows last week? Brad Kooima, Kooima Kooima Varilek, has more.
Jerry Gulke, president of the Gulke Group, considers the bounce off the lows a victory: “This was a win, even though we had markets down a little bit for the week.”
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says corn and soybeans see a lack of follow through buying Friday and fail to confirm the lows are in.
Grains close mixed & fail to confirm a low with a lack of follow through in corn & soybeans after reversals, strong weekly exports and China soybean biz. Tomm Pfitzenmaier, Summit Commodity Brokerage, has more.
Grains extend gains after reversals, with strong exports & China soybean sales. Kevin Duling, KD Investors, says he can’t confirm a low yet. Cattle consolidate ahead of COF, while crude oil sees profit taking as well.
Cattle 2-sided after chart breakout, awaiting cash and the COF. Hogs continue to correct. Grains extending gains after reversals and with better export news. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Grains Finally Rally but Jim McCormick Discusses if the Market Can Build on it
AgDay TV Markets Now: Grains finally close higher but can the markets build on it? Jim McCormick, AgMarket.Net, has the answer.
Grains finally end higher, but can the market build on it? Cattle make new highs for the move pre-COF, while crude oil rallies in a risk on day. Jim McCormick, AgMarket.Net has more.
Grains have all traded 2-sided with fund selling on a lack of bullish news, still searching for lows. Cattle stage impressive rally ahead of COF & cash news, hogs struggle. DuWayne Bosse, Bolt Marketing, has analysis.
Corn & wheat see more fund selling, beans struggle to bounce. What will turn these markets around? Cattle up with beef, COF, await cash. Interest rate talk hits outside markets. Darin Newsom, Barchart, has more.
AgDay TV Markets Now: Allison Thompson, The Money Farm, says grains see fund selling with a risk off day in outside markets, China’s GDP tanks soybeans and meal.
Grains fall on risk off technical selling. Beans & meal led losses on China’s GDP news. Corn, KC & MN wheat hit contract lows. Cattle rebound despite bearish outside markets. Allison Thompson, The Money Farm, has more.
Soybeans fall on China GDP news, while corn and wheat struggle to hold early gains. Why? Cattle consolidate awaiting cash, while hogs struggle with processing hiccpus. Kent Beadle, Paradigm Futures, has details.
Risk off outside markets & China GDP data pressures soybeans, corn is following wheat with short covering. Cattle see profit taking after the chart breakout. Hogs consolidate. Randy Martinson, Martinson Ag, has more.
AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says corn falls on report hangover, bearish outside markets, while soybeans bounce with record crush but may not hold report day lows.
Corn falls on report hangover, lower wheat, bearish outside markets. Soybeans pop on a record crush, lower Brazil crop. Cattle see a chart breakout on wx, higher beef, cash ideas. Ted Seifried, Zaner Ag Hedge, has more.
Corn sees report hangover with lower wheat, soybeans pop with lower Brazil crop, record crush. Cattle try to hold gains watching wx, cash, while hogs look tired. Vince Boddicker, Farmers Trading Company, has more.
Cattle holding gains on weather, higher beef and despite weaker So, cash. Hogs fall as slaughter backs up. Corn & soybeans try to hold Friday’s lows, but are the lows in? Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: John Heinberg, Total Farm Marketing, discusses how low corn needs to go to price in record yield and production. Does the soybean market have the bearish news already factored in?
Corn & soybeans tank on higher yields & production, with wheat following despite lower seedings & ending stocks. Live cattle followed lower cash, hogs consolidate. John Heinberg, Total Farm Marketing, has details.
USDA shocks the market with higher corn & soybean yield, production and carryout. SA numbers were not supportive either. Lower winter wheat acres and carryover slightly friendly. Jim McCormick, AgMarket.Net
Jerry Gulke says a strong return to Marketing 101, last seen during the 1980s, may be on the horizon.
Cattle consolidate early awaiting more cash & despite higher beef, but does the market have enough wx premium? Hogs see profit taking. Grains mixed ahead of USDA data. Scott Varilek, Kooima Kooima Varilek, has more.
Cattle consolidate early awaiting more cash & despite higher beef, but does the market have enough wx premium? Hogs see profit taking. Grains mixed ahead of USDA data. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Rich Nelson, Allendale, looks at what the grain market is expecting in the USDA Reports, what could move the market and how much is already factored into prices.
Grains end mostly lower except soybeans on exports, Argentina estimates & ahead of USDA data. Are bearish reports already priced in? Cattle & hogs finish strong on wx, firmer cutouts. Rich Nelson, Allendale, has more.