Market Analysis
Markets mostly lower with technical selling ahead of the Fed announcement. While the 50-basis-point increase was anticipated what’s it signaling going forward? Michelle Rook asks Don Roose of U.S. Commodities.
Livestock consolidate with caution ahead of the Fed announcement. Technical selling and moisture is pressuring both wheat and corn. Soybeans rebound with products. Jeff Hoogendoorn, Professional Ag Marketing.
Early pressure in grains with technical selling ahead of the Fed announcement. Livestock consolidate after the higher day Tuesday. Michelle Rook has details.
Livestock and soybeans end higher with corn, wheat and stock market fading early gains fueled by the better CPI news. Mark Schultz with Northstar Commodity has details.
Mostly higher grain and livestock prices, except feeders, with help from outside markets, like a lower dollar. Higher product values support cattle and hogs and firm cash ideas. Brad Kooima of Kooima Kooima Varilek
Higher grain and livestock futures with a risk on day as the outside markets are responding positively to the better-than-expected CPI. Michelle Rook has details.
Grains close mixed after the WASDE with few changes except U.S. corn carryover. Argentina dryness was the big focus. Cattle higher, despite lower cash. Hogs down for the week. Garrett Toay AgTraderTalk.
What will the cash value of money today be worth down the road at 5%, 6% or 7%, especially if made with borrowed money?
Grain mixed early with soybeans down despite new highs in meal again. Corn basis strongest in 20 years so what does that mean for marketing? Cotton and cattle higher. Darin Newsome, Barchart Sr. Market Analyst
Grains end mostly higher as soybeans w/Argentina weather, fresh demand supportive, technical buying in corn. Cattle higher w/firmer product. Poor weekly exports hit hogs. Naomi Blohm with Total Farm Marketing.
Grains open higher with more technical buying, soybeans still leading with NCHs in meal and strong export business. Cattle up on higher product values, lower hogs with poor exports. Rich Nelson of Allendale.
Corn and wheat higher but will there be any follow through buying? Soybeans and meal putting in SA weather premium. Live cattle lean higher with cutouts up. Chuck Shelby of Risk Management Commodities.
Corn and wheat up on corrective buying with contract highs in meal and SA weather supporting soybeans. Cattle consolidate despite cutouts rebounding, hogs higher. Allison Thompson of The Money Farm has analysis.
Soybeans higher with new contract highs in soybean meal on Argentina weather, corn and wheat see corrective buying. More profit taking in cattle w/ lower cutouts, while hogs up. Michelle Rook has analysis.
Soybeans higher following new highs in meal, Argentina dryness and export biz. More technical selling in corn, wheat. Livestock lower on consolidation, lower product values. DuWayne Bosse of Bolt Marketing.
Livestock consolidating with higher feed prices and weak product values. However, cattle supported by strong cash. Grains mixed with corn following higher beans and meal. Brad Kooima, Kooima Kooima Varilek.
Soybeans are up with meal, 18.5 mb of export biz, dryness in Argentina, corn is trying to follow while wheat sees fund selling w/record Aussie crop. Livestock consolidate with higher corn and lower products
More technical selling and fund liquidation in the grains. Lower CO and the higher dollar also pressured the market late. Livestock ended mixed. Michelle Rook has details with Randy Martinson of Martinson Ag.
Soybean slightly higher w/ China’s easing COVID policy, export demand. Corn & wheat see more fund liquidation w/ slow demand. Cattle up w lower corn & strong cash, fund buying in hogs. Michelle Rook has analysis.
Markets are mixed early. Can corn and wheat recover after technical damage or will funds sell more? Soybeans up on easing China COVID policy. What’s ahead for cattle? Kevin Duling of KD Investors has details.
It’s still too early to tell the long-term impacts for farmers with EPA’s proposal for renewable fuels, says Jerry Gulke. But the short-term effect was a price drop.
Massive technical selling in corn and wheat, closing below key support. Soybeans recovered despite lower BO. Livestock mostly higher, with firm cash cattle and technical buying. Darren Frye, Water Street Solutions.
Fund selling took corn and wheat below key support areas Friday. How much lower could markets go? Can soybeans recover if soybean oil continues to slide? Darren Frye Water Street Solutions has the answers.
Grains mixed with more fund selling in corn and wheat, while soybeans bounce despite lower soybean oil. Livestock higher, with strong cash cattle trade and lower corn. Chip Nellinger of Blue Reef Agri-Marketing.
Corn and wheat see more technical selling w/a higher dollar. Technical bounce in beans, despite the continued selloff in BO. Live cattle see early pressure despite steady to higher cash, profit talking in hogs.
Grains lower, with soybeans hit hard following an implosion in soybean oil after EPA released the RFS volumes. Slow exports added to the technical selling. John Payne of Hedge Point Global Markets has details.
Live cattle lower as steady cash disappoints. Hogs extend gains on short covering. Grains down with slow exports, profit taking, lower soybean oil a drag on soybeans. Pat Von Tersch with Professional Ag Marketing.
Cattle mostly higher with steady cash, hogs mixed with disappointing exports. Grains start lower with slow exports and sharply lower BO. Scott Varilek of Kooima Kooima Varilek has analysis.
Early November corn trade provided a glimpse of what to expect from a post-harvest corn market. Corn futures rolled over and through the bottom of the sideways trading range. But there was no “panic.”
Soybeans made new highs for the move, with higher meal. Wheat saw short covering, funds sold corn. Cattle higher with steady cash and hogs also saw short covering. Bryan Doherty of Total Farm Marketing has details.