Market Analysis
Grains under pressure as recessionary fears have funds heading for the door. Cattle trying to bounce with pullback in corn. Michelle Rook talks with Ted Seifried of Zaner Ag Hedge.
Grains opened lower on recession fears and lower outside markets. Livestock futures are seeing a little early strength on short covering. Michelle Rook has details with Mike Zuzulo of Global Commodity Analytics.
Row crops saw fund selling in a risk off session, while wheat was higher on short covering. Cattle and hogs were mostly lower on fund liquidation and lower cash. Michelle Rook talks with Rich Nelson of Allendale.
Grains turn mixed after lower opening, livestock mostly lower on end of the month position squaring and watching outside markets. Michelle Rook breaks it down with Chip Nelliger of Blue Reef Agri-Marketing.
Markets lower Wednesday except feeders in a risk off session, end of month positioning. Michelle Rook has details with Randy Martinson of Martinson Ag.
A risk off day in outside markets weighs on grains, and in turn supports the rally in livestock. Michelle Rook gets details with Kent Beadle of CHS Hedging.
Livestock higher on corrective bounce and lower grains. Corn and wheat see profit taking with follow through selling in soybeans in a risk off day. Michelle Rook talks with Brad Kooima of Kooima Kooima Varilek.
Big Market Moves Monday, Following Pro Farmers Estimates. Fund Activity and Money Flow Also Factors.
The markets made some big moves on Monday following last week’s Pro Farmer Crop Tour. However, fund activity and money flow were also part of the story.
Grains pull back with profit taking in corn and wheat amid a risk off day, while livestock bounce off technical support with lower feed prices. Michelle Rook has analysis with DuWayne Bosse of Bolt Marketing.
Markets Mixed: Technical Buying, Smaller Crop Support Corn and Wheat; Rain and Record Crop Hit Beans
Mixed market finish on Monday. Corn pricing in the smaller crop, with wheat seeing technical buying. Soybeans set back with yield boosting rains. Cattle continue to consolidate, with short covering in the hogs.
Mixed mid-session with corn, wheat and hogs higher. Pro Farmer estimates, money flow and weather all at play today. Michelle Rook gets a summary with Jeff Hoogendoorn of Professional Ag Marketing.
Pro Farmer released their state yield estimates on Friday. We compared Pro Farmer’s numbers to USDA’s state yield estimates in the August WASDE to determine the biggest misses in the east and west.
Markets open mixed with corn seeing support after the lower Pro Farmer corn yield and wheat is following. Soybeans down with rain over the weekend. Livestock see follow through technical selling and weaker cash.
In a relatively short time, corn and soybean prices have both gained $1 per bushel. This creates a decision-making opportunity.
December corn futures rose to the highest price since late June and soybeans and wheat also rose amid concern over dry weather. Why did corn prices surge? Several bullish factors are at play,
Corn and wheat rebound on Friday, but it was a lower week for all the grains. Hogs consolidated, while cattle scored higher weekly closes. Michelle Rook talks with Matt Bennett of AgMarket.Net.
Markets are mixed at midday. After a tough week, wheat and corn are consolidating with soybeans seeing weakness. Live cattle supported by cash. Michelle Rook talks markets with Joe Vaclavik of Standard Grain.
Grain and livestock futures open mixed to end the week. Grains have had a tough down week, but are the grains done going down? Michelle Rook has analysis with Randy Martinson of Martinson Ag.
Corn and soybeans closed higher on Thursday, with lower prices in every other category. Michelle Rook gets details with Tommy Grisafi of Advance Trading.
After early pressure in the grains, row crops rebound on new crop exports and China buying. Wheat and livestock continue under pressure. Michelle Rook talks with Steve Freed ADM Investor Services.
Markets start mixed to lower with big losses in the wheat pulling down grains. Livestock also in the red seeing consolidative trade. Michelle Rook gets details with Rich Nelson of Allendale.
Row crops and hogs see corrective buying on Wednesday. Strong technicals and cash hopes continue to push the cattle. Michelle Rook summarizes the day with Shawn Hackett of Hackett Financial Services.
Markets mostly higher at midday except wheat. Row crops try to stage technical bounce, but held back by wheat. Cattle see fund buying on the break. Michelle Rook has analysis with Don Roose U.S. Commodities.
Mixed opening with row crops and hogs seeing a technical bounce, profit taking in cattle. Michelle Rook talks with Kent Beadle of CHS Hedging.
Grains and hogs were under pressure on economic and political concerns regarding China and more favorable weather. Cattle scored new highs for the move. Analysis with Chip Nellinger of Blue Reef Agri-Marketing.
Markets mostly lower except cattle. Grains see follow through technical selling and weather weigh on market. Chart action brings funds into cattle market plus higher cash ideas.
Grains see follow through selling, while livestock start higher then turned mixed with a nice rally in cattle.
Are U.S. crops getting smaller and is that enough of a catalyst to get the funds to come back in to buy commodities? Will the historical cotton abandonment in the WASDE push the market back to contract highs?
A mostly lower day on Monday except hogs as poor economic news out of China and weather produced a risk off session. Cattle gave up early gains as funds took profits, hogs supported by the futures discount to the LHI.
Grains continue lower with a risk off session, but have rebounded off the lows. Livestock mostly higher.