Market Analysis
Grains were mostly lower after USDA’s forecasts. Cattle marked new highs again ahead of the Cattle on Feed report, and hogs followed with strong cutouts. Mike Zuzulo of Global Commodity Analytics has the details.
Grains mostly lower with consolidation, a lack of fresh bullish news, USDA’s Ag Outlook numbers. Live cattle hit contract highs on the atypical BSE case. Jeff Hoogendoorn of Professional Ag Marketing has more.
Grains start steady to higher but turn two-sided looking for direction. Cattle making new highs with the atypical BSE case in Brazil. Hogs consolidating. Chuck Shelby of Risk Management Commodities has more.
AgDay TV Markets Now: DuWayne Bosse of Bolt Marketing talks about the selloff in grains including risk off, profit taking in soybeans and corn, plus moisture in HRW areas weighed on wheat.
Wheat sharply lower with moisture in HRW areas, profit taking hit corn and soybeans. Cattle ended mostly higher on bullish fundamentals. Hogs follow lower cutouts. DuWayne Bosse of Bolt Marketing has details.
Corn & soybeans down on corrective selling, plus lower CO and wheat with moisture in HRW areas. Cattle extend gains on strong fundamentals, lower cutouts weigh on hogs. Randy Martinson of Martinson Ag has more.
Markets mostly lower early with profit taking in corn and beans with Argentina crop concerns dialed in. Cash basis levels on grains are also softening. Nick Tsiolis of Farmer’s Keeper says there is downside risk.
AgDay TV Markets Now: Matt Bennett of AgMarket.Net talks about soybeans closing higher on Argentina frost. However, neither soybeans or meal took out last week’s highs, so will the rally continue?
The soybean complex was up on Argentina frost. Corn tried to follow but wheat failed with forecasted moisture in HRW areas. Livestock up working in strong cash and cutouts. Matt Bennett, AgMarket.Net has analysis.
Markets are mostly higher at midday with cattle and hogs supported by higher cash and cutouts. Soybeans and meal trading Argentina frost and trying to pull corn along. Brad Kooima of Kooima Kooima Varilek.
Soybeans and meal higher on Argentina frost and corn and wheat trying to follow but watching geopolitical headlines. Livestock supported early with higher cash and cutouts. Darin Newsom with Barchart has details.
AgDay TV Markets Now: Chip Nellinger of Blue Reef Agri-Marketing Discusses This Week’s Market Movers Including Argentina Frost, China and Black Sea Trade Tensions
New crop corn and soybean prices are historically high but with the current fundamentals should you be forward pricing? Darren Frye of Water Street Solutions provides insight.
Grains leaning higher Friday but down for the week and searching for direction. Livestock lower except live cattle which hit more contract highs with higher cash. Chip Nellinger Blue Reef Agri-Marketing has analysis.
Markets have all turned back higher midday, shaking off the negative outside markets....except cotton. What else are we trading? Shawn Hackett of Hackett Financial Advisors has analysis.
History suggests combined corn and soybean acres of up to 181 million, but several unknowns suggest combined acres could be higher in 2023.
Grains quiet and 2-sided looking for direction but brushing off the negative outside markets. Cattle continue to consolidate. Kent Beadle of Paradigm Futures has more. Kent Beadle of Paradigm Futures has more.
Grains end quietly mixed to higher still consolidating under Monday’s chart highs and looking for direction. Cattle and hogs also see more profit taking. Mike Minor of Professional Ag Marketing has details.
AgDay TV Markets Now: Mike Minor of Professional Ag Marketing Says Grains are Consolidating and Corn and Beans May Have Put in Highs Without a New Catalyst or Bullish Story.
Grains mixed still consolidating under Monday’s highs. Are the tops in for now? Cotton is lower on economic concerns. Cattle also consolidate ahead of cash. Darren Frye of Water Street Solutions has more.
Grains open slightly lower then turn mixed digesting export news and weather. Markets continue to consolidate, so are seasonal highs in? Rich Nelson of Allendale has the answer and a look at livestock.
AgDay TV Markets Now: Bryan Doherty of Total Farm Marketing discusses what triggered the selloff in the grains on Wednesday.
Inflation is moderating, but still well above the Federal Reserve’s 2% inflation goals. So, farmers are bracing for higher interest rates ahead.
A risk off day in grains, with a higher dollar, no new bullish SA crop news and profit-taking after hitting chart resistance. Plus, are milk futures close to a bottom? Bryan Doherty, Total Farm Marketing has details.
A risk off day in outside markets has led to profit taking in grains and much of the livestock complex. Plus, SA crop concerns largely dialed in. Vince Boddicker of Farmers Trading Company has more.
Inflation is moderating, but still well above the Federal Reserve’s 2% inflation goals. So, farmers are bracing for higher interest rates ahead.
Grains lower on profit taking with risk off in outside markets. But are SA crop concerns worked in? Livestock 2-sided with live cattle waiting for cash direction. Scott Varilek of Kooima Kooima Varilek has more
AgDay TV Markets Now: Garrett Toay of AgTraderTalk says grains saw some profit taking, but are still holding weather premium, watching South American and U.S. forecasts.
Grains ended mostly lower with profit taking, with an eye on weather and outside markets. Cattle consolidate, while hogs were supported by ASF news and bottoming cash. Garrett Toay of AgTradeTalk has analysis.
Profit taking in cattle, but is it just a healthy correction and will cash be higher this week? Hogs supported by ASF concerns. Soybeans and meal consolidate. Brad Kooima of Kooima Kooima Varilek has more.