Market Analysis
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.
Grains are mixed with positioning ahead of the reports and weak exports, soybeans are oversold and seeing corrective buying. Cattle up on higher cash ideas and wx. Chip Nellinger, Blue Reef Agri-Marketing has more.
Grains mixed, consolidating ahead of the USDA Reports and with weak exports, shipping issues and more moderate wx forecasts. Cattle and hogs see profit taking. Mike Zuzulo, Global Commodity Analytics, has more.
AgDay TV Markets Now: Alan Brugler, Brugler Marketing, says Conab’s Brazil soybean estimate disappoints the market, while corn and wheat close mixed positioning ahead of the WASDE.
Soybeans fall on CONAB’s Brazil estimate and pre-WASDE. Corn and wheat end mixed on report positioning. Cattle and hogs mostly higher but with a lukewarm response to wx. Alan Brugler, Brugler Marketing, has details.
Grains off lows but can it rally pre-report, with headwinds like Brazil wx & slow demand? How much wx premium does the cattle market need? What’s the outlook for outside markets? Darin Newsom, Barchart, has answers.
No follow through in grains after higher day Tuesday, pre-WASDE. CONAB’s Brazil estimates disappoint. Cattle add wx premium w/higher cash ideas. Hogs consolidate. Mike Minor, Professional Ag Marketing, has more.
AgDay TV Markets Now: Brian Grete, Editor of Pro Farmer, says corrective buying drove the rebound in the grain markets plus funds selling took a pause before the WASDE.
Grains close higher on corrective buying and positioning headed into the WASDE. Cattle added wx premium with higher cash ideas, hogs up for a 4th day trying to confirm a season low. Brian Grete, Pro Farmer, has details.
Grains all higher midday with corn and soybeans oversold and seeing some corrective buying pre-WASDE. Cattle firm up with winter weather and hogs forming a season low. Kent Beadle, Paradigm Futures, has more.
Cattle up after disappointing Monday, with strong cash, winter wx supportive. Hogs advance on short covering. Soybeans make new lows, corn 2-sided after contract lows. Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Randy Martinson, Martinson Ag, explains what caused the funds to push grains to new lows and where the next areas of technical support are on the charts.
Corn hits contract lows, new lows for the move in beans & wheat w/risk off fund selling on lower crude oil, U.S./Brazil wx. Live cattle consolidate despite strong cash. Randy Martinson, Martinson Ag, has more.
New lows in corn & soybeans on risk off funding selling following crude oil, plus rains in Brazil. Cattle off highs, despite strong cash & wx. Hogs extend gains. DuWayne Bosse, Bolt Marketing, has more.
Noted ag economist Dr. David Kohl forecasts tighter margins in the year ahead and emphasizes the need to globalize and future-proof operations.
AgDay TV Markets Now: Darren Frye, Water Street Solutions, discusses if the grain markets can recover after an ugly week and going into the WASDE.
Darren Frye with Water Street Solutions says there are no signs of a low yet in the soybean and corn markets, but Chicago wheat may have confirmed a bottom and will be the leader of the three wheat classes.
Corn and soybeans lower on fund selling w/poor exports & removing Brazil wx premium, wheat up on short covering. Cattle set back with softer cash, while hogs bounced. Darren Frye, Water Street Solutions, has more.
Corn falls and soybeans make new lows for the move w/exports a MYL, & better Brazil wx. Wheat bounces on short covering. Cattle 2-sided with beef lower, cash higher. Crude oil up. Darin Newsom, Barchart, has more.
AgDay TV Markets Now: Arlan Suderman, StoneX, says soybeans slide but may be taking out too much risk premium with the crop losses in Brazil. Corn and wheat stage a technical bounce with the lower dollar.