Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Brazil’s record soybean crop this season will allow the country to boost exports to China while also increasing domestic soybean processing.
Livestock and soybeans lower on fund liquidation in a risk off day in outside markets. That muted the rally in corn after 26.3 mb of export biz to China. Wheat saw short covering. Rich Nelson, Allendale has more.
A risk off day in outside markets is weighing on soybeans and livestock. Corn and wheat seeing a bounce on short covering and China export business. DuWayne Bosse of Bolt Marketing has more.
Soybeans and livestock falling with risk off in outside markets and the bank failure in Europe. Corn higher on China export business, wheat watching Black Sea headlines. Nick Tsiolis of Farmers Keeper has more.
Grains see short covering on China corn export biz, lower wheat ratings. Livestock see fund selling with the macroeconomic jitters tied to the bank failures. Kent Beadle of Paradigm Futures.
AgDay TV Markets Now: Kent Beadle of Paradigm Futures talks about why grains rebounded Tuesday and were able to shake off the macroeconomic concerns tied to the bank turmoil.
Today’s price action, fundamental and technical analysis for soybeans.
Shawn Hackett of Hackett Financial Advisors says the fund selling in corn and soybeans is overdone and prices are fundamentally getting too cheap.
Macroeconomic concerns continue to cause fund selling in all but wheat. That’s despite confirmation of China corn export biz of 24.1 mb. Scott Varilek of Kooima Kooima Varilek has analysis.
Fundamental and technical analysis of today’s corn market action.
After a week of fund selling and technical damage in the grains Bryan Doherty of Total Farm Marketing discusses if the market will stage a recovery rally.
Grains mixed but try to bounce after fund sell off in corn and wheat this week. Can soybeans hold $15? Cattle see more profit taking w/steady cash, short covering in hogs. Bryan Doherty, Total Farm Marketing.
AgDay TV Markets Now: Grains Hit Hard by Fund Selling Arlan Suderman with StoneX Groups Talks About How Much Lower Prices Could Go
Grain markets are lower as fund selling has escalated while wheat makes new contract lows. Livestock markets are mixed. Shawn Hackett of Hackett Financial Services has details.
Beans fade the higher opening, drug down by corn and wheat. Live cattle see more profit taking, feeders up on softer corn. Vince Boddicker of Farmers Trading Company.
AgDay TV Markets Now: Matt Bennett of AgMarket.Net has analysis of the WASDE report and why soybeans faded bullish numbers and corn overreacted.
WASDE Report was bullish for soybeans with a cut in U.S. ending stocks and 8 mmt cut in Argentina production, corn ending stocks bearish, raised 75 mb. Wheat balance sheet unchanged. Jim McCormick of AgMarket.Net.
Grains mixed & quiet ahead of the WASDE report but outside markets have settled down. Livestock mostly lower w/cattle consolidating awaiting cash and hogs pressured by rising numbers. Michelle Rook an update.
AgDay TV Markets Now: Brian Grete Says Grains Mixed Tuesday with Profit Taking and Report Positoning
AgDay TV Markets Now: Brian Grete of ProFarmer Says Grains Mixed Tuesday on Profit Taking and Report Positioning
Tommy Grisafi with Advance Trading explains why both short- and long-term interest rates are up.
Grains end mixed with report positioning and profit taking in soybeans, meal and bean oil. Cattle consolidate under new highs awaiting cash. Hogs continue to try to find a bottom. Details w/Brian Grete of Pro Farmer.
Corn and soybeans lower on report positioning, profit taking in beans with lower BO. Cattle consolidate after new highs, lower DOW, await cash. Hogs lack support. Scott Varilek of Kooima Kooima Varilek.
Grains mostly lower on follow through technical selling and profit taking in beans. Cattle 2-sided with slight consolidation after new highs. Hogs lower on rising supplies. DuWayne Bosse of Bolt Marketing has more.
Soybeans higher w/ contract highs in meal. Technical selling in wheat w/ moisture in HRW areas held back corn. Deferred cattle hit more contract high w/ strong cash. John Heinberg, Total Farm Marketing has more.
Besides record wheat production, the canola crop was also the largest ever and barley production was the third highest.
Soybeans up with new highs in meal, but wheat is pulling down the corn. Cattle higher with strong cash, but hogs can’t get traction with lagging cash and cutouts. Mark Schultz with Northstar Commodity has more.
Technical selling in corn & wheat, report positioning and hope on the Black Sea Export deal. Soybeans rebound w/meal making new highs on Argentina crop concerns. Cattle up with strong cash. Profit taking in hogs.
Brazil became the second country in the world after Argentina to approve planting of GMO wheat, following a decision by the nation’s biosecurity agency CTNbio.
AgDay TV Markets Now: Randy Martinson of Martinson Ag Talks About How the February Crop Insurance Prices May Impact Planting Decisions.
Cotton analysis and outlook for the next 5, 30 and 90 days.