Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Markets mixed with corrective buying in corn & wheat. More technical selling in the cattle, despite strong cash and hogs try to extend gains. Michelle Rook has analysis with Scott Varilek of Kooima Kooima Varilek.
A logjam of ships, tugboats and barges due to low water levels on the Mississippi River is threatening to grind trade of grains, fertilizer and other goods to a halt, Bloomberg reports.
Slower barge traffic on the Mississippi, slower rail movement and increasing harvest pressure have combined to pull cash grain prices down in the central and eastern corn belt as the basis has collapsed.
Grains ended lower with poor exports, a strong dollar and harvest pressure. Cattle mostly lower despite higher cash, while hogs rallied on strong exports. Michelle Rook talks with Ted Seifried of Zaner Ag Hedge.
Grains lower with poor exports, the higher dollar and harvest pressure. Cattle are mixed despite $1 better cash trade, while hogs are higher. Michelle Rook is joined by Mark Schultz of Northstar Commodity.
Grain markets lower early with harvest pressure, slow exports and the higher dollar once again factors. Livestock open higher then turn mixed. Michelle Rook is joined by Allison Thompson of The Money Farm.
Senate Ag Committee Chair Debbie Stabenow & ranking member John Boozman are urging USDA to accelerate the expansion of margin protection tools.
Corn and wheat closed mostly higher on technical buying, with harvest pressure in soybeans. Livestock closed higher with a corrective bounce. Michelle Rook talks to Shawn Hackett of Hackett Financial Advisors.
Mostly higher markets except soybeans, as wheat sees a corrective bounce and pulls corn along. Livestock futures are seeing corrective buying. Michelle Rook talks to Pat Von Tersch of Professional Ag Marketing.
Ukraine is holding tough talks to ensure grain continues flowing from its Black Sea ports even after a deal on such exports expires next month, an adviser to the Ukrainian government said.
Grains open lower pressured by the higher dollar, corrective selling, harvest pressure and collapsing cash basis. Livestock try to bounce. Michelle Rook talks with Nick Tsiolis of Farmer’s Keeper.
Each year, your editors take a look back at the past year and determine what story, event and person had the biggest impact on the agriculture sector. Find out what made the cut in 2016. Ag Story of the Year: Weather
Corn and soybeans have different domestic supply stories; meanwhile, there does not seem to be a global shortage of either. What will it take to assure adequate supplies of domestic soybeans?
Pro Farmer estimates the U.S. corn crop at 13.759 billion bushels, with an average yield of 168.1 bu. per acre, and the U.S. soybean crop at 4.535 billion bushels, with an average yield of 51.7 bu. per acre.
Wheat damage expected to be limited due to cold temps
Canadian farmers plan to plant more wheat, less canola
The editors at AgWeb.com are looking at experts’ projections for commodities in 2021 to help you succeed in the coming year. Here’s a look at what analysts expect for the upcoming year in the protein segments.
Grain prices mostly higher, except wheat, in a risk on day, while livestock faded higher equities as funds liquidated. Michelle Rook talks with Brian Grete of Pro Farmer.
Livestock futures give up early gains with more fund selling despite friendly outside markets. Grains trying to hold gains. Michelle Rook talks with Brad Kooima of Kooima Kooima Varilek.
More than a dozen Mexican foodmakers and retailers have signed onto an anti-inflation plan to keep prices of basic foodstuffs affordable, Mexican Finance Minister Rogelio Ramirez de la O said.
Grain and livestock prices open higher with help from the risk on in the outside markets. However, cattle struggle to hold early gains. Michelle Rook talks with Steve Freed of ADM Investor Services.
... The Federal Reserve and other central banks risk pushing the global economy into recession followed by prolonged stagnation if they keep raising interest rates, a United Nations agency said.
Markets were mostly higher on Monday except wheat with a risk on day in outside markets supportive. Both cattle and hogs were higher on short covering. Michelle Rook talks with Alan Brugler of Brugler Marketing.
Grains have turned mixed with short covering in soybeans, profit taking in wheat and corn caught in the middle. Livestock seeing a short covering bounce. Michelle Rook visits with DuWayne Bosse of Bolt Marketing.
This is the time of year market analysis takes on a single-issue focus: crop size. Don’t let it happen to you.
Markets start mostly higher with a risk on day, report digestion continues and there was some export news, but will gains hold? Michelle Rook gets details with Vince Boddicker of Farmers Trading Company.
The U.S. Federal Trade Commission (FTC) on Thursday sued two top pesticide manufacturers for allegedly entering into exclusive contracts with distributors that kept prices paid by farmers artificially high.
Updated soybean outlook & keys to watch over the next 90 days.