Market Analysis
Grain markets continue strong midday with lower crop ratings, while livestock are seeing profit taking after a strong close Monday. Michelle Rook talks with Jeff Hoogendoorn of Professional Ag Marketing.
Grains sharply higher on the open with the surprising drop in crop ratings and fresh China corn export business. Livestock lower in reaction and see profit taking after contract highs in hogs and feeders yesterday.
Livestock futures open mostly higher with the lower grain trade early. Grains under pressure with early with weekend rains a drag and despite some export sales on corn and beans. WASDE Report next focus.
Livestock are higher with cattle anticipating higher cash, and Oct hogs are near contract highs. Meanwhile grains are mixed ahead of the WASDE.
Grains ended mixed still trying to determine crop size after weekend rains and ahead of crop ratings. Livestock were strong with new contract highs in October lean hogs.
Grains closed mixed on Friday, with livestock higher. Weather and WASDE focus for next week. Michelle Rook wraps up the week with Randy Martinson of Martinson Ag.
Corn and livestock futures rebound at noon, November soybeans disappointed with China export business, while wheat under pressure with strong dollar.
Grains fail to see follow through buying Friday morning despite confirmation of soybean export business. Livestock opened mixed in cattle and lower in hogs.
This structure (or forward curve) in corn and soybean futures should have you focused on this fall’s “Priority 1 bushels.”
A nice rally in grains Thursday, led by soybeans and meal and talk of China export business. Cattle set back on profit taking, hogs rebound with discount in deferred contracts to the index.
Grains continue strong at midday with soybeans and meal leading with talk of China export business. Hogs are mixed with the LHI topping and cattle seeing profit taking after a chart breakout and higher cash yesterday.
Grains continue recovery Thursday morning, despite slow exports. Livestock leaning lower. Michelle Rook gets insight from Kent Beadle of AgSurion Risk Consulting.
It was a risk off day on Monday which produced mostly lower closes, except cattle. Less threatening weather, grain exports out of Ukraine and sharply lower crude oil were all factors.
Livestock are mixed at midday, cattle helped by lower grains trade. Grains pressured in a risk off session, with more favorable weather and grain moving out of Ukraine.
A risk off day produces a lower market opening except for cattle. What is driving it? Michelle Rook has details with Chuck Shelby of Risk Management Commodities.
The Commerce Department put out its second quarter GDP data this week, showing the U.S. economy shrank from April through June.
The weather wasn’t the only catalyst that sparked a soybean rally this week. Naomi Blohm and Matt Bennett discuss why the markets were extremely sensitive to the hot and dry August forecasts and potential market risks.
Markets were higher Friday, except wheat. November soybeans were up $1.53 for week, with December corn up $.56, and Aug LH closed above $120.
Grains continue to be pushed by weather, except wheat. Livestock mostly higher. Michelle Rook talks with Mike Zuzulo of Global Commodity Analytics.
Grains open sharply higher, how long does weather rally last? Livestock start mixed to lower. Michelle Rook talks with Randy Martinson of Martinson Ag.
Markets brush off GDP. Grains continuing to rally on weather, as soybeans lead. Livestock react and head lower.
Markets open higher except feeders on Thursday, after negative GDP numbers. Michelle Rook talks with Luke Swenson of The Money Farm.
The Fed raised interest rates .75 basis points for the second consecutive month. The market was largely anticipating this move and now turns its attention to how long this aggressive pace is going to last.
Livestock are mixed, while grains continue to push higher on weather and fund buying. How high will we go?
Weather trumped the Fed news as row crops continued higher, also pushed by new contract highs in meal. Wheat set back on big spring wheat tour yields. Livestock ended higher except nearby live cattle.
Soybeans continue their big rally pushed by weather and new contract highs in meal, wheat is lower and corn is caught in the middle. Hogs rebounding, with the cattle mixed. Markets await Fed announcement.
Grains open mostly higher except wheat as soybean meal hits contract highs again. Markets are trading weather and awaiting the Fed announcement. Livestock are leaning higher except nearby live cattle.
Soybeans and soybean meal lead the rally in the grains on Tuesday, while livestock futures slide lower.
Grains continue strong at midday pushed by weather, with livestock setting back on higher feed costs.
Grains continue higher putting in weather premium, livestock mixed to lower early on Tuesday.