Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
The Port of Savannah’s loaded container exports grew 21% in January.
House Speaker Kevin McCarthy (R-Calif.) pledged “this is the year to do a farm bill.”
AgDay TV Markets Now: Bryan Doherty of Total Farm Marketing discusses what triggered the selloff in the grains on Wednesday.
Inflation is moderating, but still well above the Federal Reserve’s 2% inflation goals. So, farmers are bracing for higher interest rates ahead.
What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning? Here are five trends and data sets to ponder from USDA’s latest Agricultural Baseline Projections.
A risk off day in grains, with a higher dollar, no new bullish SA crop news and profit-taking after hitting chart resistance. Plus, are milk futures close to a bottom? Bryan Doherty, Total Farm Marketing has details.
A risk off day in outside markets has led to profit taking in grains and much of the livestock complex. Plus, SA crop concerns largely dialed in. Vince Boddicker of Farmers Trading Company has more.
Inflation is moderating, but still well above the Federal Reserve’s 2% inflation goals. So, farmers are bracing for higher interest rates ahead.
Grains lower on profit taking with risk off in outside markets. But are SA crop concerns worked in? Livestock 2-sided with live cattle waiting for cash direction. Scott Varilek of Kooima Kooima Varilek has more
AgDay TV Markets Now: Garrett Toay of AgTraderTalk says grains saw some profit taking, but are still holding weather premium, watching South American and U.S. forecasts.
Participants of a crop tour conducted by Grupo Labhoro and Noticias Agricolas traveled 1,864 miles across Santa Fe, Cordoba, Buenos Aires and Entre Rios, Argentina last week analyzing the crop situation.
Grains ended mostly lower with profit taking, with an eye on weather and outside markets. Cattle consolidate, while hogs were supported by ASF news and bottoming cash. Garrett Toay of AgTradeTalk has analysis.
Profit taking in cattle, but is it just a healthy correction and will cash be higher this week? Hogs supported by ASF concerns. Soybeans and meal consolidate. Brad Kooima of Kooima Kooima Varilek has more.
Grains mixed early with soybeans and meal seeing some profit taking. Oil and the equities lower after the CPI data showing inflation is still alive. Cattle also consolidate. Darin Newsom of Barchart has details.
U.S. beef exports set annual records for both volume and value in 2022. The strong performance came in the face of many supply chain headwinds in the last year and COVID lockdowns in China.
With the massive liquidation of the nation’s cattle herd due to the historic drought what is the state of the cattle industry?
In its annual rural policy blueprint, known as the “No. 1 document,” China’s State Council reiterated a recently stated goal to boost grain production. . .
AgDay TV Markets Now: John Payne Talks About $500 meal and how much higher SA crop concerns push meal and soybean prices. Plus, do the Black Sea export concerns continue to push wheat higher?
Meal closed above $500 on SA crop losses lifted beans and corn. Black Sea export concerns supported wheat. Live cattle hit contract highs on strong cash. John Payne of Hedge Point Global Markets has more.
Corn, beans up with SA concerns & meal into contract highs, but both hit chart resistance. Wheat following, putting in war premium. Live cattle hit contract highs with higher cash. Randy Martinson of Martinson Ag.
Grains mixed with profit taking in wheat, contract highs in meal supporting soybeans and corn is following. Cattle see strength after higher cash, with hogs firm . Allison Thompson of The Money Farm has more.
AgDay TV Markets Now: Tommy Grisafi of Advance Trading details the geopolitical headlines fueling the grain rally Friday, including Russia’s oil production cut. Plus, Argentina weather continues to be a focus.
The grain markets had a good week, with prices up across the board.
Geopolitical headlines sparked technical buying in grains and crude oil today, including Russia’s oil production cut. Argentina crop concerns push soybean meal to new highs. Tommy Grisafi of Advance Trading has more.
Grains are higher with corrective buying, but wheat puts in war premium. Crude oil, Argentina weather also supportive. Nearby live cattle are up on higher cash. Hogs mixed. DuWayne Bosse of Bolt Marketing.
Cattle strong w/higher cash of 254/160. Hogs mixed with the cash index slowly improving. Corn, soybeans supported by strong cash, SA weather, higher CO. Scott Varilek of Kooima Kooima Varilek has more.
What is the state of the U.S. economy? How will these macro factors impact the agricultural economy? John Deere’s Kanlaya Barr provides a guide to a few risks you should monitor in the next year.
Grains end lower as profit taking sets in with weather, CO and exports factors. Yet grains still rangebound. Livestock consolidate as cattle await cash. Chuck Shelby with Risk Management Commodities has more.
Mexico’s coming ban on GMO corn imports could impact other areas of trade with the U.S., including sugar and corn syrup, an independent report released on Thursday said.
AgDay TV Markets Now: Chuck Shelby of Risk Management Commodities talks about the lower day with profit taking in the grains, but markets are still chopping in trading ranges.