Market Analysis
Grains seeing a technical bounce, but will it hold? Cattle under pressure in response, while hogs are slightly higher but are they trying to bottom? Tomm Pfitzenmaier of Summit Commodity Brokerage has details.
U.S. natural gas prices are trying to recover after hitting their lowest levels since June 2021 last week. What caused the implosion in prices and what does that mean for farmers and end users?
AgDay TV Markets Now: DuWayne Bosse of Bolt Marketing talks about how much lower grain prices could go after the selloff on Monday and can cattle keep moving higher without cash leading?
Natural gas prices rebound Monday after hitting lows not seen in a year. Is the bottom in? John Wenzel, Senior Risk Management Consultant with StoneX has details.
Grains lower after beneficial Argentina rains and technical selling, but how much more downside is there? Cattle bounce with friendly COF, while hogs slide with cash. DuWayne Bosse of Bolt Marketing has more.
Grains lower with technical selling and improved weather in Argentina and the Southern Plains. Livestock higher with lower corn and friendly COF numbers. Michelle Rook has midday analysis.
A lower opening in grain with rains over the weekend in Argentina and more technical selling. Cattle supported by friendly COF Report numbers, while hogs are back lower. Kevin Duling of KD Investors has analysis.
Prices are flat to lower this week, with March corn prices up a penny, and March soybean prices down 21¢ for the week ending Jan. 20. Wheat prices were down a few cents.
AgDay TV Markets Now: Arlan Suderman of StoneX Group says U.S. and South American weather, along with headlines on the economy will continue to dominate the markets head, especially as we go into the FOMC meeting.
Corn and beans lower Friday removing SA weather premium, while wheat saw some short covering. Livestock ended higher on Friday with some end of week short covering. Arlan Suderman of StoneX Group has analysis.
Soybeans lower but wheat higher as both trade weather, corn is rangebound. Livestock see a short covering bounce. Shawn Hackett of Hackett Financial Advisors also talks about the market impact of China post-COVID.
Livestock try to recover after lower cash, ahead of USDA Reports. Grains two-sided with good weekly exports, but traders are cautious with better weather. Scott Varilek of Kooima Kooima Varilek has more.
AgDay TV Markets Now: Darren Frye of Water Steet Solutions says this week’s closes in corn and soybeans will be important for keeping the uptrends intact in these two markets.
Ag markets end lower as a risk off day in equities spills over. Grains also saw technical selling and removed weather premium. Lower cash also weighed on livestock. Darren Frye of Water Street Solutions has more.
Soybeans see more technical selling, removing weather premium, while corn and wheat stage a technical bounce. Lower equities and cash pressure livestock. Jeff Hoogendoorn of Professional Ag Marketing has more.
The risk off outside markets has grain and livestock lower. Grains also seeing follow through selling after poor closes yesterday and removing weather premium. Allison Thompson of The Money Farm has more.
AgDay TV Markets Now: Jim McCormick of AgMarket.Net talks about the reasons for the selloff in the grains on Wednesday including profit taking and traders removing weather premium.
Grains ended lower on profit taking, removing weather premium. Jim McCormick of AgMarket.Net says cattle saw short covering, but weather and report positioning were also factors. Hogs continued to slide with cash.
Cattle futures higher on short covering, ahead of cash and reports, plus putting in weather premium. Hogs lower on China news, lower cash. Grains futures lower on profit taking. Brad Kooima of Kooima Kooima Varilek.
Soybeans see profit taking, with Argentina rain chances, but follow through buying in wheat pulls corn back up. Cattle seeing short covering, while hogs await a cash bottom. Randy Martinson of Martinson Ag has more.
AgDay TV Markets Now: Darin Newsom, Sr. Market Analyst for Barchart talks about whether or not the U.S. and world economies are moving into recession and what that will mean for agricultural markets and demand.
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing talks about the surprises in the USDA report and the lower South American production numbers. Are they’re game changers for corn and soybeans?
Grains rallied after several bullish surprises in the USDA report numbers but it the news enough to keep the markets moving higher? Livestock set back in response. DuWayne Bosse with Bolt Marketing has details.
AgDay TV Markets Now: Kent Beadle of Paradigm Futures talks about marketing strategies for the 2023 corn crop.
AgDay TV Markets Now: Fund traders bought grains in 2022 as a hedge against inflation but what catalyst do they need to resume that buying in the grains in 2023? Ted Seifried of Zaner Ag Hedge has the answer.
Joe Vaclavik of Standard Grain talks about poor demand for corn including exports and slow ethanol production. Will USDA make adjustments in this week’s reports?
Soybeans rally on corrective buying, dry Argentina weather. Corn tries to follow, but poor exports and lower wheat are a drag. Livestock see follow through selling. Shawn Hackett of Hackett Financial Advisors.
AgDay TV Markets Now: Shawn Hacket of Hackett Financial Advisors talks about what drove the corrective rally in soybeans and the focus on Argentina weather and the upcoming USDA data dump.
Demand concerns have been intensifying with the spike in Covid numbers in China. That’s been sending a negative tone across the energy sector, equities and portions of the ag markets.
Soybeans higher on corrective buying, dry Argentina weather. Corn tries to follow but poor exports are a headwind. Cattle & hogs see follow through selling, trade cash. Joe Vaclavik of Standard Grain has analysis.