Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Grains mostly higher pricing in USDA numbers and weather. Old crop corn sees farmer selling, while live cattle made new contract highs then saw profit taking and hedge pressure. Kent Beadle of Paradigm Futures.
Grains higher continuing to work in USDA Reports, weather & higher crude oil with possible OPEC production cuts. Live cattle up again after new highs Friday. Allison Thompson with The Money Farm has analysis.
EPA on Friday said it was approving California’s plans to require a rising number of zero-emission heavy-duty trucks as the state pushes to cut pollution.
AgDay TV Markets Now: Darren Frye of Water Street Solutions Analyzes the USDA Reports and Market Reaction and Where Grain Prices Go From Here.
USDA’s Prospective Plantings and Quarterly Grain Stocks reports tend to produce big price moves, and this year was no different. Jerry Gulke provides his analysis of the important data.
Grains End Mostly Higher on USDA’s Bullish Stocks and Soybean Acres, While Corn and Wheat Acres Rise
Grains close mostly higher after USDA Reports, where do prices go from here? Darren Frye, Water Street Solutions has report analysis and price projections, plus talks about new highs in cattle.
USDA’s Quarterly Grains Stocks were the bullish story for corn and beans overshadowing the larger corn acreage at 92 million. Jim McCormick of AgMarket.Net has analysis.
Grains 2-sided of quarter and before the reports but what was the market already telling us about the UDSA numbers? Cattle hit more contract highs with higher cash, can it keep going? Darin Newsom, Barchart.
Odds are rising there will be no new farm bill this year unless some of the volatile remarks and issues that surfaced at a Thursday hearing can be resolved.
AgDay TV Markets Now: John Payne of Hedge Point Global Markets discusses the profit taking in grains Thursday and new highs in live cattle off sharply higher cash.
But early soybean yields are coming in lower than anticipated. . .
Grains drift on profit taking after many contracts hit chart resistance. Live cattle make new contract highs on sharply higher cash. Cotton rallied anticipating lower acres. John Payne, Hedge Point Global Markets.
Grains starting to drift in report mode, but some markets hit chart resistance. Funds buy in cattle working in higher cash. Hogs mixed ahead of Hogs and Pigs Report. Jeff Hoogendoorn, Professional Ag Marketing.
On Friday, March 31, USDA will release its Prospective Plantings and Grain Stocks report. What should you know ahead of the report? Read through our team’s comprehensive coverage.
Markets are gearing up for UDSA’s Prospective Plantings and Quarterly Grains Stocks Reports.
AgDay TV Markets Now: Ted Seifried Zaner Ag Hedge talks about the recovery in corn and beans off the lows and what is will take in the USDA reports to keep it going?
Regarding WOTUS, Regan told a House Ag Appropriations Subcommittee Tuesday that EPA’s rule might have to be modified based on the upcoming Supreme Court decision.
Grains higher except wheat, fading Russia export news. Old crop corn & beans recovering on demand but further buying depends on the reports. Cattle look strong, but funds sell hogs. Ted Seifried, Zaner Ag Hedge
Grains mostly higher as some private companies cease exports in Russia and China buys more corn. Cattle supported by strong cash ideas and hogs see more fund selling. Vince Boddicker of Farmers Trading Company.
Grains mostly higher as Cargill stops Russia exports, plus another 8 mb of China corn sales and they could be looking for beans. Live cattle slightly higher with risk on outside markets. Kevin Duling, KD Investors.
Global commodities trader Cargill Inc. it will stop exporting Russian grain at the beginning of 2023-24 on July 1, the country’s ag ministry said.
Farmers around the Corn Belt are anticipating a big year for corn, especially with improving soil moisture in corn-deficit areas where cash prices have remained strong.
AgDay TV Markets Now: John Heinberg Talks About What Drove the Rally in Soybeans and Meal on Tuesday
AgDay TV Markets Now: John Heinberg of Total Farm Marketing discusses what drove the rally in soybeans, meal and wheat on Tuesday.
Gains in beans, meal and wheat mostly short covering end of quarter ahead of USDA’s data dump. Live cattle slightly higher awaiting higher cash, hogs saw profit taking. John Heinberg, Total Farm Marketing has more.
U.S. Trade Representative Katherine Tai told a GOP lawmaker, “I don’t need your pity,” after he said she was “too nice” to negotiate trade deals for the United States.
Grains mostly higher except old crop corn, with short covering ahead of the end of the month and USDA data dump. Livestock consolidate with inside days in cattle and hogs. DuWayne Bosse, Bolt Marketing has more.
Grains lean higher with China corn sales, calmer outside markets and report positioning. Livestock futures see profit taking but cash cattle called higher this week. Brad Kooima of Kooima Kooima Varilek has more.
AgDay TV Markets Now: Mark Schultz of Northstar Commodity discusses the risk on day in commodities with grains seeing report positioning.
Grain and livestock futures higher with a risk on day in outside markets, plus positioning ahead of USDA reports and end of the quarter brought some short covering. Mark Schultz of Northstar Commodity has details.
Grain and livestock futures have all turned higher with a risk on tone to the market. Plus, positioning in the grains and hogs ahead of USDA reports and end of quarter. Matt Bennet of AgMarket.Net has analysis.