Market Analysis
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.
Grains rebounded Monday putting in war and weather premium. Cattle worked in the USDA numbers from Friday, while hogs saw profit taking.
Cattle turn mixed after the Friday reports, with hogs seeing profit taking. Grains continue to rebound. Michelle Rook talks markets with Scott Varilek of Kooima Kooima Varilek.
Grain return higher after Russia bombs Odesa port, extended weather is also supportive. Livestock setting back. Chuck Shelby with Risk Management Commodities joins Michelle Rook to kick off the week.
Extreme heat spread into the majority of the western Corn Belt to end the week. Some farmers are seeing a worst-case weather scenario for crops now pollinating. So, why did markets drift lower for much of the week?
Corn and wheat had a tough day technically on Friday after the deal to allow Ukraine exports, but soybeans and livestock ended higher.
Grains mixed at midday with soybeans rebounding off six month lows, corn and wheat under pressure after the Ukraine export deal signing. Livestock rally into reports.
Grains opened lower except beans, continuing to see pressure as the Ukrainian export deal is signed. Livestock open mixed awaiting USDA Reports.
Grains sink on news of Ukraine export deal, livestock mostly lower except feeders.
If you haven’t priced any of this year’s expected corn production, you’re not alone. Two market analysts share advice.
Cattle weaker with lower cash, nearby hogs strong, while grains turn mixed.