Market Analysis
Cattle extend gains on record cash and ideas of higher money this week. Hogs see short covering. Grains up on crop ratings and Ukraine concerns. Brad Kooima, Kooima Kooima Varilek.
AgDay TV Markets Now: Shawn Hackett says corn and soybeans trade extended weather but what kind of premium does the market need to put in if the rain doesn’t confirm?
Corn, beans, cotton lower trading weather, WASDE, exports, outside markets. Wheat higher on short covering. While cattle hit new highs w/record cash. Shawn Hackett, Hackett Financial Advisors has more.
Corn, beans lose early gains watching weather, WASDE, export inspections, outside markets. Cattle make new highs presenting a hedging opportunity, with hogs consolidating. Mike Zuzulo, Global Commodity Analytics.
Grains start higher then turn mixed watching weather, the $, crude oil and squaring ahead of the WASDE. However, what are cash basis levels doing on grain? Cattle make new highs. Nick Tsiolis, Farmer’s Keeper.
AgDay TV Markets Now: Randy Martinson with Martinson Ag says grains rally on Friday as funds buy heading into the weekend and put in weather premium, cattle are in record territory. Will it continue?
Grain and livestock futures end higher Friday. Grains supported by weather, outside markets and cash strength. Cattle made new highs on record cash trade. Have hogs finally bottomed? Randy Martinson, Martinson Ag
Grains up on weather, corrective buying, watching outside markets & news. Live cattle make new highs pushed by record high cash. Hogs see more short covering. Vince Boddicker, Farmers Trading Company has details.
Grains up except corn after poor weekly exports. Is it technical buying, weather? Cattle hit contract highs chasing sharply higher cash, outside markets are strong after a debt ceiling deal. Darin Newsom, Barchart.
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing says grains higher on technical buying and put in weather premium, while cattle hit contract highs with sharply higher cash.
Grains close mostly higher with technical buying and putting in weather premium. Cattle make new highs on sharply higher cash with consolidation in hogs. Chip Nellinger, Blue Reef Agri-Marketing has details.
Grains see technical bounce putting in weather premium. Cattle back into contract highs with higher cash bids being passed, while hogs are consolidating. Darren Frye, Water Street Solutions has details.
The President and Speaker of the House have reached a deal on lifting the debt ceiling. Why is this important for farmers and ranchers?
Grains recover weather premium back on the forecast and Drought Monitor. We also saw a technical selling exhaustion. Profit taking in cattle and hogs. Scott Varilek of Kooima Kooima Varilek has details.
AgDay TV Markets Now: Oliver Sloup with Blue Line Futures says grains end off lows Wednesday but the fund selling may not be done.
Grains End Mixed and Off Session Lows but is the Fund Selling Done? Cattle Make Contract Highs Again
Grains end mixed and off lows after the early fund selloff on macroeconomic concerns, weather. Is the selling over? Cattle make more contract highs, while hogs see short covering. Oliver Sloup, Blue Line Futures.
Grains off lows but still seeing fund selling with macroeconomic sell off in commodities, and a wetter extended forecast. Livestock mostly higher except nearby live cattle. Joe Vaclavik, Standard Grain.
Grains see more fund selling with a bearish macro-economic picture, where do we find support? Live cattle hit by end of month profit taking, with short covering in hogs. Dave Chatterton, Strategic Farm Marketing.
AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge says grains see significant pressure on profit taking, removing weather premium and with a risk off day. How much downside risk is there?
Grains see profit taking & remove weather premium, with lower crude oil prices. Cattle make new highs on higher, cutouts and a debt ceiling deal, while hogs see short covering. Kent Beadle, Paradigm Futures.
Grains end sharply lower on profit taking, removing wx premium, with a risk off day in outside markets. Cattle hit new highs w/strong cash, cutouts. Hogs limit up on short covering. Ted Seifried, Zaner Ag Hedge.
Cattle make new highs on lower corn, higher cash ideas and debt ceiling discussions moving forward. Hogs are seeing a corrective bounce. Grains take out weather premium. Brad Kooima of Kooima Kooima Varilek.
AgDay TV Markets Now: Tommy Grisafi with Advance Trading discusses the recent recovery in grains and the continued inverted markets. Will farmers be selling old crop at new crop prices?
Grains ended higher Friday and for the week. What will it take beyond weather to keep the rally going and is the rally a gift farmers need to be selling? Tommy Grisafi with Advance Trading has analysis.
Grains put in weather premium ahead of the holiday but what will it take to keep going? LC hit new highs with strong cash and cutouts but what’s it going to take to bottom the hogs? Ted Seifried, Zaner Ag Hedge.
Grains higher on weather and pre-holiday positioning. Fund buying in live cattle after contract highs, higher corn presses feeders. Hog hit contract lows on demand concerns. Mike Minor, Professional Ag Marketing.
AgDay TV Markets Now: Alan Brugler, Brugler Marketing discusses the mixed day in #grains as traders position and take profits before the holiday. Weather, exports and the debt ceiling talks were also key.
Grains end mixed seeing pre-holiday positioning/profit taking, eyeing weather, exports, debt ceiling talks. Cattle made contract highs with higher cash, contract lows in hogs. Alan Brugler, Brugler Marketing has more.
Grains mixed on pre-holiday positioning, profit taking, weather and poor weekly exports. Cattle see profit taking and hedge pressure after contract highs, hogs make contract lows. DuWayne Bosse, Bolt Marketing.
Cattle open strong with contract highs following higher cash trade. Hogs gap lower into contract lows again. Grains are mixed watching weather and exports. Scott Varilek, Kooima Koomia Varilek.