Market Analysis
Grains up on profit taking, geopolitical concerns but still following weather. Cattle supported by a higher cash tone, milk futures are up but is $20 milk in the cards? Bryan Doherty, Total Farm Marketing has
Grains up on renewed geopolitical concerns, corrective buying, still eyeing weather. Cattle are higher with steady to higher cash in the North. Hogs rolling over. Chip Nellinger, Blue Reef Agri-Marketing has more
AgDay TV Markets Now: Scott Varilek, Kooima Kooima Varilek, says soybeans still holding some weather premium, while corn needs to hold the July lows. Cattle post a nice recovery.
So often with big USDA reports, it’s not so much what the numbers say, but how the markets react to close out the week.
Corn down on fund selling, poor exports. Soybeans hold support with meal, keeping some weather premium. Cattle have nice recovery on rising cash bids, hogs collapse. Scott Varilek, Kooima Kooima Varilek has details.
Corn & wheat down on fund selling, slow demand. Soybeans bounce with better export news, higher meal. Cattle trying to recover awaiting cash, hogs topping. Vince Boddicker, Farmers Trading Company, has details.
Equities and oil took a break yesterday but what is the long-term outlook. Grains mixed trading weather and export news. Cattle trying to recover after a pullback, awaiting cash. Darin Newsome Barchart, has more.
AgDay TV Markets Now: Matt Bennett, AgMarket.Net talks about what triggered the risk off fund selling in commodities and just how bad the charts look in corn and beans.
Commodities all lower with risk off day in outside markets. Plus, weather had funds selling, ignoring new war news. Charts got beat up for row crops, cattle still in an uptrend. Matt Bennett, AgMarket.Net has more.
Now is the time to be aggressive — not in marketing, financial decisions or crop mix shifts — but in risk management.
A risk off day in outside markets as Fitch downgrades U.S. debt has grain, cotton and livestock lower, weather is bearish and funds sell as chart support is violated. John Payne, Hedge Point Global Markets has more.
A risk off day in grains w/rains falling and more in the forecast. That’s trumping new port attacks on the Danube River. What’s that mean for basis levels? Cattle consolidate. Nick Tsiolis, Farmers Keeper has more.
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing says soybeans bounce and may have taken out enough weather premium, but corn is vulnerable. Cattle bounce off support with higher product values.
2021 has rolled out the red carpet for grain producers. March corn prices were up 12.5¢ and March soybean prices were up 66.25¢ for the week ending Jan. 8.
Changing your perspective from last trading day of future to the first notice day depicts the “gapping” lower due to inverted prices. Note: the price-gapping from old to new crop July to September is similar to 2012.
Soybeans recovered with the products, corn and wheat were lower on weather and the higher dollar. Cattle closed strong with help from higher product, hogs reversed lower. DuWayne Bosse, Bolt Marketing has more.
Grains turn lower on technical selling, better weather and a higher dollar. Cattle bounce after holding chart support, and w/product values sharply higher, hogs reverse. Ted Seifried, Zaner Ag Hedge has details.
While 2020 may be one from the history books, be sure to note its gleanings in terms of insights for being a better marketer in the years ahead.
This year should not be about marketing at breakeven, but about a targeted point of profitability. Once you hit that point, make incremental sales as the market moves higher.
The grain markets took a hit this week. March corn prices were down 29.25¢ and March soybean prices were down $1.05 for the week ending Jan. 22.
Cattle bounce as cash ideas turn higher, hogs see profit taking in all but the August contract. Soybeans bounce after lower crop ratings, corn flat. Brad Kooima, Kooima Kooima Varilek has more.
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says grains implode removing weather and war premium and funds take profits end of month. However, the selloff is overdone.
Lower grains with month end fund selling, removing weather, war premium. Live cattle slideon softer cash, feeders up with lower corn. Hogs saw end of month profit taking. Tomm Pfitzenmaier, Summit Commodity has more.
After a rough week last week, grain prices have rebounded. March corn prices were up 46.75¢ and March soybean prices were up 56¢ for the week ending Jan. 29. March wheat prices were up 28¢.
March corn prices were up 1.25¢ and March soybean prices were down 2¢ for the week ending Feb. 5. March wheat prices were down 19.50¢.
March corn prices were down 9¢ and March soybean prices were up 6¢ for the week ending Feb. 12. March wheat prices were down 3.25¢.
Marketing your grain during rallying markets is stressful. To learn some tips, attend a webinar today with grain market analyst Matt Bennett.
March offers a big lineup of USDA reports. Each will offer key insights to big market questions.
Grains lower on fund selling, removing risk premium on improved extended forecasts. Soybeans ignore China export biz. Live cattle lower working in softer cash, hogs consolide. Randy Martinson, Martinson Ag has more.
For this week, May corn prices were up 18.25¢ and May soybean prices were up 1.75¢, for the week ending March 19. May wheat prices were down 12¢.