Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
A halt to rail shipments of ethanol due to a railroad strike would threaten to reverse the recent slide in U.S. gasoline pump prices from a record high.
The latest Consumer Price Index shows while inflation has slowed...prices are still rising for many key items. The monthly CPI rose 8.3% from a year earlier.
EPA is coordinating with USDA and the Department of Energy (DOE) on biofuel blending requirements past 2022, EPA Administrator Michael Regan said on Tuesday.
Grain and livestock futures open mixed seeing profit taking and positioning ahead of the USDA’s supply and demand numbers. Michelle Rook talks with Mike Minor of Professional Ag Marketing.
A mixed start in the grain and livestock futures, with outside markets turning negative after disappointing CPI data. Michelle Rook gets the latest with Mark Schultz of Northstar Commodity.
Markets continue mixed with profit taking and spillover from outside markets on the CPI news. Livestock are seeing cattle hog spreading. Michelle Rook gets an update from Brad Kooima of Kooima Kooima Varilek.
Corn and soybeans are pushing higher after some surprises in the September USDA Supply and Demand Report. Wheat mostly lower. Livestock mixed. Michelle Rook gets analysis with Matt Bennett of AgMarket.Net.
Grains close mixed with a big rally in soybeans pulling up corn, while wheat ended lower after the WASDE. Cattle were mixed, hogs set back. Michelle Rook gets analysis with Darren Frye of Water Street Solutions.
Corn and soybean production will both be down from 2021, according to USDA’s September Crop Production report. That news sent prices higher for both markets.
All eyes are on the corn supply and demand numbers in USDA’s September WASDE report but there will be plenty of other information to focus on.
Grain and livestock futures close higher on Friday. Money flowed into commodities in a risk on session, and as the dollar broke. Michelle Rook covers it all with Chuck Shelby of Risk Management Commodities.
Grain, cotton and livestock markets all higher in a risk on session. Michelle Rook gets details on the moves with Shawn Hackett of Hackett Financial Advisors.
Grains start higher in a risk on day and positioning ahead of the WASDE. Livestock open mixed in cattle and lower in hogs. Michelle Rook gets details with Randy Martinson of Martinson Ag.
In its final assessment of the 2021-22 crop, Conab raised its official Brazilian soybean crop estimate . . .
Grains end mixed on Thursday with profit taking and report positioning. Live cattle worked in steady to lower cash, hogs consolidating. Michelle Rook has full analysis with Arlan Suderman of Stone X Financial.
Grains pull back into the midsession on report squaring and Ukraine export developments. Livestock mixed. Michelle Rook gets an update with Vince Boddicker of Farmers Trading Company.
Markets open mixed but wheat still higher pricing in Ukraine export concerns. Cattle try to bounce after poor close Wednesday. Michelle Rook kicks off the day with DuWayne Bosse of Bolt Marketing.
U.S. Senator John Boozman (R-AR), ranking member of the Senate Committee on Agriculture, Nutrition, and Forestry, is calling on the USDA to focus on day-to-day functions, not the Biden administration’s political goals:
Senior U.N. and Russian officials met in Geneva on Wednesday to discuss Russian complaints that Western sanctions were impeding its grain and fertilizer exports despite a UN-brokered deal. . .
Grain and livestock markets end mixed on Wednesday. Michelle Rook has details with Bryan Doherty of Total Farm Marketing.
Markets have turned mixed with wheat up on news Putin wants to rework the export deal, corn pulling back with soybeans. Livestock are mixed. Michelle Rook talks with Kent Beadle of CHS Hedging.
U.S. farmers confronting supply-chain bottlenecks and a surging dollar are losing their competitive edge in the global market for soybeans to their biggest rival: Brazil.
Mostly higher opening, except cattle. Wheat leads on Putin export comments. Michelle Rook gets details from Allison Thompson of The Money Farm.
If the data review justifies any changes, NASS will publish updated planted and harvested acreage estimates.
Argentina’s daily soy trading volume hit its highest level in five and a half years, the country’s Rosario Grain Exchange said, after the government announced a higher foreign exchange rate during September.
Markets mostly higher on Tuesday, except soybeans as Argentina makes currency play. Michelle Rook talks with Ted Seifried of Zaner Ag Hedge.
Livestock are higher with cattle seeing technical buying. Hogs are seeing a short covering bounce in an oversold market. Grains are mixed. Michelle Rook gets details with Brad Kooima of Kooima Kooima Varilek.
A mixed start in the grains Tuesday with early strength in the livestock. Michelle Rook kicks off the week with Tomm Pfitzenmaier of Summit Commodity Brokerage.
There are high odds the harvest lows for grain prices were made in July, yet the seasonals suggest otherwise.
The Biden administration is expected to announce a rule this year that would detail annual biofuel blending mandates for the refining industry for a three-year period instead of just for one. . .