Market Analysis
Grains see a corrective buying with some export biz and dry Argentina weather, but will it hold? Cattle lower after steady cash, hogs lower following cash. Chuck Shelby of Risk Management Commodities has more.
AgDay TV Markets Now: Ted Seifried of Zaner Ag Hedge talks about the third day of fund liquidation in the ag markets and if it’s done?
Individual state crop conditions ratings showed further deterioration of the hard red winter wheat crop during December. Yet it has failed to move the wheat market
Mostly lower closes, except wheat with the third day of fund liquidation in a risk off environment. Is the liquidation done? Ted Seifried of Zaner Ag Hedge has details.
Another day of commodity wide selling and fund liquidation in grain and livestock futures. It’s being driven partly by recession and economic concerns and China COVID cases. Darin Newsome with Barchart has details.
Grains open mostly lower with more fund liquidation, economic and China COVID concerns, will chart support areas hold? Cattle see profit taking and hogs more technical selling. Rich Nelson of Allendale has details.
AgDay TV’s Markets Now: Bryan Doherty of Total Farm Marketing talks about the follow through technical selling in the grains on Wednesday and if there is more pressure ahead. Plus he’s bullish cattle!
Grains were lower on follow through technical selling, lower crude oil, economic concerns & China COVID cases. Cattle saw a corrective bounce helped by corn. Bryan Doherty of Total Farm Marketing has details.
Grains all lower on more profit taking, technical and farmer selling after the year-end rally. Cattle see a corrective bounce with the drop in corn, while hogs fall with cash. DuWayne Bosse of Bolt Marketing.
Corn and wheat see follow through selling, while soybeans correct w/meal, hot dry weather returning in Argentina, export biz. Short covering in cattle, with hogs mixed. Kent Beadle of Paradigm Futures has more.
AgDay TV Markets Now: Bill Biedermann of AgMarket.Net talks about the reason for the commodity wide sell off and if the soybean market did any technical damage with the close below $15 after hitting record highs.
Grain and livestock futures saw a commodity wide selloff with the “risk off” in outside markets like crude oil and the higher dollar. But did we do technical damage? Bill Biedermann of AgMarket.Net has the answer.
Markets are all down in a commodity wide selloff, with the risk off in outside markets. However, there’s still optimism ahead for markets like soybeans and cattle. Scott Varilek, Kooima Kooima Varilek explains.
Grains open steady to lower with rains over the weekend in Argentina lower CO, higher dollar. Cattle opened mixed but look poised to move higher, with hogs lower. Tomm Pfitzenmaier with Summit Commodity Brokerage.
Grains end the year strong with soybeans above $15 but will the South American weather rally continue? John Payne of Hedge Point Global Markets has the answer and factors that will drive the markets to start 2023.
Soybeans and meal supported by SA crop concerns & export demand. Wheat saw short covering, corn ended lower. Livestock ended mostly lower on EOY profit taking. John Payne, Hedge Point Global Markets has more.
Soybeans sees SA weather market, contract highs in meal supportive. Wheat now leading on short covering, corn following. Cattle see profit taking after contract highs, higher cash. Kent Beadle of Paradigm Futures.
Keep an eye on these four issues to impact corn and soybean prices in 2023.
Grains higher early with soybeans leading on Argentina crop concerns, new contract highs in meal and fresh export biz, corn and wheat following. Cattle are mixed with hogs mostly lower. Michelle Rook has details.
Soybeans remained above $15 supported by continued crop concerns in Argentina. John Heinberg of Total Farm Marketing talks about how long the weather market may last, lower grains and the new highs in live cattle.
Corn, Wheat and Hogs Lower on Profit Taking and China COVID Cases: Soybeans and Cattle Trade Weather
Soybeans held SA weather premium, corn and wheat saw EOY profit taking and rising China COVID cases. LC made some new contract highs on weather and firming cash bids. John Heinberg, Total Farm Marketing.
Corn and wheat seeing some end of year profit taking, while soybeans are building SA weather premium. Cattle are also supported by weather, profit taking in the hogs. Chuck Shelby of Risk Management Commodities.
Corn, wheat see EOY profit taking on China COVID #s, soybeans up on SA weather. Cattle higher with lower corn & weather supportive, while hogs also see profit taking. Randy Martinson of Martinson Ag has details.
Grains close mostly higher, but will the rally continue in corn or soybeans with a close above $15? How much should farmers sell at these levels? Chip Nellinger with Blue Reef Agri-Marketing has the answers.
Grains mostly higher on fund buying and SA weather. Soybeans close above $15, will the rally keep going? Livestock trade two-sided on EOY squaring. Chip Nellinger, Blue Reef Agri-Marketing has more.
Grains mostly higher with support from SA weather, fund buying. Livestock trading mostly lower, with end of year profit taking after new highs Tuesday. Jeff Hoogendoorn of Professional Ag Marketing has details.
Grains mostly higher early except corn. Yet, corn basis is at 20-year highs, so when should you sell? Soybeans supported by SA weather, but can we stay above $15? Nick Tsiolis of Farmers Keeper has details.
Corn and soybeans were higher Tuesday on SA weather and China lifting more COVID restrictions. Beans got above $15 but couldn’t close above that level. Matt Bennett of AgMarket.Net explains why.
Grains end mostly higher putting in SA weather premium, but soybeans can’t close above $15. Live cattle make new contract highs and fail. Matt Bennett of AgMarket.Net has insight.
LC hit new highs on weather and the COF report, then see hedge pressure. Hogs also hit new highs after the report. Row crops put in SA weather premium. Brad Kooima of Kooima Kooima Varilek has analysis.