Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Containers are piling up around the country and trains are waiting for longer stretches at depots, the Wall Street Journal reports. . .
Corn and wheat had a tough day technically on Friday after the deal to allow Ukraine exports, but soybeans and livestock ended higher.
Grains mixed at midday with soybeans rebounding off six month lows, corn and wheat under pressure after the Ukraine export deal signing. Livestock rally into reports.
Reuters reports the Biden administration is “investigating Chinese telecoms equipment maker Huawei over concerns U.S. cell towers. . .
Grains opened lower except beans, continuing to see pressure as the Ukrainian export deal is signed. Livestock open mixed awaiting USDA Reports.
The International Grains Council (IGC) trimmed its forecast for this year’s global corn output, largely driven by drought stress in the European Union.
Grains sink on news of Ukraine export deal, livestock mostly lower except feeders.
If you haven’t priced any of this year’s expected corn production, you’re not alone. Two market analysts share advice.
Cattle weaker with lower cash, nearby hogs strong, while grains turn mixed.
The Biden administration wants to spur the electrification of the transportation sector beyond traditional cars.
Grains under pressure with weather and crude oil a drag, livestock mixed. Michelle Rook talks with Rich Nelson of Allendale to get details.
Grains end lower with a change in the weather, while livestock rallied led by feeders. Michelle Rook details the market day with Randy Martinson of Martinson Ag.
Row crops continue to see fund liquidation on weather and market uncertainty. Live cattle ended slightly higher despite some lower cash while the milk market is still above $20.
Weather and export news is pushing grain lower at midday, with livestock higher except feeders.
Putin said Gazprom will restart gas supplies to Europe via the Nord Stream 1 pipeline on schedule Thursday — but at a drastically reduced capacity.
Markets open mixed on Wednesday, row crops still see pressure from weather. Livestock supported by lower grains and weather.
Fertilizer prices have cooled from record highs. So is it time to lock in prices?
Nearby livestock futures higher with grain pullback, grains slide on weather.
Grains pull back Tuesday with change in weather, livestock open mixed.
Risk on day has most of the grain and livestock futures higher on the close.
Grains gap higher to start the week pushed by weather, livestock futures opened higher except feeder cattle.
A risk on day has markets higher except feeders, weather is also a driver.
With worldwide recession fears climbing, there is further evidence that China’s economy is slowing down. ThenNational Bureau of Statistics reported second quarter GDP was only up .4% from a year ago.
Grains ended mixed on Friday, with livestock mostly lower.
A high-pressure ridge is expected to expand while drifting temporarily into the heart of the Plains & portions of the Corn Belt this weekend & early next week resulting in what may be the hottest temps of the summer...
Wednesday’s CPI or Consumer Price Index for June rose 1.3% and above expectations at 9.1%. This is continuing to impact the outside and agricultural commodity markets and may trigger the Fed’s next move.
Midday markets turn mostly lower at noon hit by money flow. Cattle seeing pressure from disappointing cash.
Grain and livestock futures opened mixed to end the week. China GDP and outside markets, as well as weather are being watched.
Brazilian corn may only be shipped to China next year because of demands made by Beijing regarding trade protocols being put in place. . .
Sens. John Thune (R-SD) & Amy Klobuchar (D-MN), members of the Senate Ag Committee, led several of their colleagues in requesting that USDA Sec. Vilsack address implementation issues with the Emergency Relief Program...