Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
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.
Livestock consolidate with caution ahead of the Fed announcement. Technical selling and moisture is pressuring both wheat and corn. Soybeans rebound with products. Jeff Hoogendoorn, Professional Ag Marketing.
Early pressure in grains with technical selling ahead of the Fed announcement. Livestock consolidate after the higher day Tuesday. Michelle Rook has details.
When adjusting for inflation, the 2022 average value surpassed the previous inflation-adjusted record set in 2013.
After a year of price volatility for agricultural inputs, 2023 is set to be a “normal” year for fertilizer and pesticide costs. . .
Livestock and soybeans end higher with corn, wheat and stock market fading early gains fueled by the better CPI news. Mark Schultz with Northstar Commodity has details.
Mostly higher grain and livestock prices, except feeders, with help from outside markets, like a lower dollar. Higher product values support cattle and hogs and firm cash ideas. Brad Kooima of Kooima Kooima Varilek
Higher grain and livestock futures with a risk on day as the outside markets are responding positively to the better-than-expected CPI. Michelle Rook has details.
Climate data signals there are 77% odds La Niña will persist during the December through February period, according to last week’s update from the U.S. Climate Prediction Center (CPC).
Brazil could become the world’s largest cotton exporter in 2023, with an increase in planted area helping it to surpass the U.S., according to producers in the South American country.
The Office of Information and Regulatory Affairs (OIRA) said in an online notice it is scrutinizing a draft Environmental Protection Agency policy change. . .