Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
AgDay TV Markets Now: What drove the commodity wide rally Wednesday and pushed live cattle into new contract highs? Will it continue? All questions Michelle Rook asks Darren Frye of Water Street Solutions.
Grain and livestock futures close higher on Wednesday. What was behind the commodity wide rally? Darren Frye of Water Street Solutions has the answer.
Winter weather is packing a punch across much of farm country this week. However, its being somewhat ignored by the trade.
Grain and livestock futures are mostly higher midday with weather, end of year positioning and light holiday trade all contributing to the rally. Chip Nellinger of Blue Reef Agri-Marketing has more.
AgDay TV Markets Now features Brian Grete of Pro Farmer talks with Michelle Rook about the how the light holiday volume is fueling the rally in the grains and if soybeans can get over $15.
Grains see follow through technical buying under light volume, with weather supportive. Cattle open mixed with hogs higher waiting for the USDA reports Friday. DuWayne Bosse of Bolt Marketing has details.
Dr. Vince Malanga, president of LaSalle Economics shares his thoughts on the economy.
Grains rebound on technical buying with thin holiday volume, but can soybeans hit $15? Live cattle lower on profit taking ahead of COF report, with hogs following lower cash. Brian Grete, Pro Farmer has analysis.
Live cattle look lethargic midday despite positive fundamentals & higher feeders, hogs are mostly lower. Grains higher with technical buying, weather premium. Brad Kooima of Kooima Kooima Varilek has details.
Grains see corrective buying but will it hold? And does the wheat market need to add some weather premium? Livestock under pressure. Analysis with Allison Thompon of The Money Farm.
AgDay TV Markets Now: Alan Brugler discusses the selloff in grains Monday and if it will continue through the end of the year.
Writing in the New York Times, former USTR Bob Lighthizer says: “America’s China policy does need to change.
Grains ended lower on end-of-year fund liquidation and removing South American weather premium. Livestock were mixed and two sided, largely ignoring weather. Alan Brugler of Brugler Marketing has analysis.
Grains continue to see fund selling with a lack of supportive news and thin holiday volume. Livestock are trading both sides of steady. Vince Boddicker of Farmers Trading Company has details.
Grains lower with more fund liquidation in pre-holiday trade, with SA rains and China COVID concerns. Livestock firmer with the lower feed prices and cold weather. Kevin Duling of KD Investors has details.
USDA has announced the details of the Cattle Contract Library Pilot Program to help cattle producers get better information about the cattle market.
2023 is around the corner and analysts are already talking about what to expect.
Grain markets end mixed after focusing on recessionary talk and the risk off in outside markets, while livestock rebound with help from strong cash and cutouts.
A look ahead at the coming week’s markets including how the weather may finally get some attention in the trade.
Soybeans rebounding following meal and with Argentina crop concerns, wheat and corn trade on both sides of steady. Livestock rebound with strong cash and cutouts. Randy Martinson of Martinson Ag.
Recapping this week’s wheat price action and looking ahead 5, 30 and 90 days.
The first reports from gateways on both coasts suggest container imports turned sharply downward last month, the Wall Street Journal reports, while shipping executives say they are bracing . . .
AgDay TV Markets Now: Jim McCormick of AgMarket.Net joins AgDay TV’s Michelle Rook with a summary of how the risk off day in outside markets hit the beans, but corn and wheat were able to rally.
A risk off day in the outside markets, including DOW, weighs on livestock and soybeans. Wheat put in weather premium and pulled corn higher in the process. Jim McCormick of AgMarket.Net has details.
Livestock seeing fund selling again and spillover from the lower DOW. Soybeans and products consolidate, with corrective buying in wheat, corn is following. Scott Varilek of Kooima Kooima Varilek has details.
Grains mixed early with soybeans consolidating despite strong weekly exports, technical buying supports wheat and corn. Livestock see more consolidation with lower products. Kent Beadle with Paradigm Futures.
A mostly lower day in grain and livestock futures with technical selling. Funds were cautious ahead of the Fed announcement of a 50-basis point increase. Don Roose of U.S. Commodities has analysis.
Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific was called to explain a spike in service restrictions.
Markets mostly lower with technical selling ahead of the Fed announcement. While the 50-basis-point increase was anticipated what’s it signaling going forward? Michelle Rook asks Don Roose of U.S. Commodities.
South Dakota Gov. Kristi Noem and two state lawmakers are proposing legislation to restrict foreign purchases of agricultural land in the state. Noem specifically mentioned China.