Market Analysis
AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, discusses how the CPI data helped soybeans, corn and cattle all rally on Tuesday.
Soybeans 2-sided with mixed products. Corn disappoints after the reversal, wheat mixed. Cattle correct with equities; hogs see profit taking. Chip Nellinger, Blue Reef Agri-Marketing has more.
Cattle oversold, following higher equities but cautious ahead of COF. Hogs see profit taking and so do soybeans. Corn higher with wheat and Mexican export biz. Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says South American weather is the key to the corn and soybean markets with the WASDE Report out of the way.
Soybeans higher on China export news and SA weather, corn tries to follow with a Mexican sale but anchored by wheat. Cattle try to recover after an ugly week. Mike Zuzulo, Global Commodity Analytics, has more.
AgDay TV Markets Now: Brian Grete, Pro Farmer, talks about the big rally in soybeans and meal and if prices will climb past $14 resistance, plus corn scores a key reversal.
Beans & meal up on SA weather, China export biz. Corn scores a key reversal but is it bottoming? Wheat is a reluctant follower. Cattle bounce off new lows. Hogs anticipate a cash low. Brian Grete, Pro Farmer, has more.
Soybeans rally on SA weather and China export hopes, pulling up corn. Wheat is a reluctant follower with weak demand. Cattle recover from new lows for the move, hogs follow. Kent Beadle, Paradigm Futures, has more.
On soybeans, Jerry Gulke says the 25 million bushel increase in carryout can easily be wiped out with the current weather issues potential cuts to South American production, plus increased export demand.
Grains lean lower on WASDE hangover & eyeing SA weather, corn made a new low. Cattle 2-sided trying consolidating after fund selling & lower cash, hogs chop. Tomm Pfitzenmaier, Summit Commodity Brokerage, has more.
AgDay TV Markets Now: Don Roose, U.S. Commodities, talks about how the grain markets reacted to the bearish USDA Reports and huge flash soybean sales.
Grains lower after a bearish WASDE Report, fading big soybean export sales but still respecting SA weather. Cattle see massive fund liquidation amid lower cash, hogs mixed. Don Roose, U.S. Commodities, has details.
USDA reports are bearish with higher yield, production and ending stocks. Corn takes out September lows. Funds slam cattle with lower cash. Brian Splitt, AgMarket.Net, has analysis.
Cattle see more chart-based selling awaiting cash, hogs 2-sided after strong exports. Grains lower with pre-report, with soybeans fading big export sales. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Bryan Doherty, Total Farm Marketing, discusses why milk futures plunged from mid-October and what the outlook is for the rest of 2023.
AgDay TV Markets Now: John Payne, Hedge Point Global Markets says despite a smaller U.S. cotton crop due to drought, the market has not been able to rally due to macroeconomic demand concerns.
AgDay TV Markets Now: Vince Boddicker, Farmers Trading Company, says soybeans and corn may need a bigger SA weather issue to keep moving higher. Cattle have an ugly technical day so will funds keep selling?
Soybeans rally on SA weather, export demand, which supports corn and wheat as well as MX biz. Poor chart action in cattle, while hogs bounce but are into resistance. Vince Boddicker, Farmers Trading Company, has more.
Soybeans up on SA wx, export news, bean oil. Corn and wheat try to follow but also see WASDE positioning. Cattle gap lower on open, corrective buying in hogs. Mark Schultz, Northstar Commodity, has more.
Gap lower open in cattle on disappointing steady So. cash trade Friday. Hogs consolidate w/cattle. Soybeans rally on SA weather & China biz, corn tries to follow w/MX biz. Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Bryan Doherty, Total Farm Marketing, discusses the big rally in soybeans, meal and corn on Friday and if the markets can continue the trend next week.
The strong close in soybeans reflects concerns about South American weather. If South American production drops 100 million bushels that makes U.S. ending stocks at 220 million bushels look tight, says Jerry Gulke.
Soybeans surge on SA weather concerns, export biz, lower $, which pulls wheat higher, corn off two-year lows. Livestock see profit taking, despite strong cash cattle news. Bryan Doherty, Total Farm Marketing, has more.
Grains up led by beans on SA crop concerns & resulting export biz. Corn bounces off 2-year lows. Cattle & hogs see profit taking despite some higher cash cattle trade. John Payne, Hedge Point Global Markets, has more.
Soybeans surge on export biz, SA crop concerns & fund buying, corn & wheat try to follow as corn holds 2-year lows. Cattle see profit taking awaiting cash. The dollar is down sharply. Darin Newsom, Barchart, has more.
AgDay TV Markets Now: Alan Brugler, Brugler Marketing talks about the reasons behind the strong closes in soybeans and cattle, while corn flirts with two-year lows.
Corn scores a new low close, with soybeans higher on China talk and lower Brazilian estimates. Wheat sees short coveriing. Cattle close the chart gap with higher equities. Alan Brugler, Brugler Marketing, has more.
Corn sees harvest pressure, soybeans up on China talk and SA news. Wheat sees short covering. Dec live cattle filled the chart gap but can they keep going? DuWayne Bosse, Bolt Marketing, joins us while harvesting corn!
Cattle try to fill chart gaps with help from cash, S&P. Hogs back up. Soybeans lead gains with China talk, lower Brazil estimates. Corn & wheat are trying to follow. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says corn closes at new lows with harvest pressure, while soybeans and wheat see some technical buying. However, grain markets are looking for news.