Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
The U.S. exported 524.1 million lbs. of pork during June, the smallest total for the month since 2020.
Live Cattle Continue to Consolidate
Stock Market Recovery Will Determine the Future Direction of Cattle
Row Crops Consolidate for Fundamental and Technical Reasons
The decrease in the trade deficit suggests a shift in the balance of trade, influenced by various economic factors.
Wheat and Hogs See Short Covering
Strong Crop Ratings a Headwind for Row Crops
Stock Market Melt Down Causes Money Flow Moves in Ag Markets
According to the organizations, the performance partly reflects the adoption of the reference value called the “export dollar,” in force since December 2023.
Funds Exit Short Positions in Grains, and Cash Out on Long Positions in Livestock
Melt Down in U.S. and Japanese Stock Markets Creates Money Flow Issues in Ag Markets.
Grains See Short Covering But Fundamentals Continue To Be a Headwind
China installed more solar power capacity last year than the U.S. has built in its history, but this expansion has raised concerns as solar farms encroach on cropland.
Recap of the week’s price action for cotton with outlook broken down into the next 5, 30 and day day segments.
Grains Also See Short Covering but is a Rally Sustainable?
Jerry Gulke debunks common excuses for not using options and futures.
Is the Lower Stock Market Also Bringing Money Into the Grains?
Low Prices are a Function of Not Just Supply But Demand.
EPA issued an emergency waiver to help alleviate fuel shortages in four states where the supply of gasoline has been impacted by the shutdown of the Exxon Mobil Refinery in Joliet, Illinois.
Corn-for-ethanol use fell shy of the average pre-report estimate of 450.0 million bushels.
Cattle Stage Poor Technical Close with Lower Cash
Hogs Extend Gains with Stronger Cash Trade
Funds Are Betting on Record Corn and Soybean Yields
China’s soymeal stocks reached a record 1.38 MMT as of July 26, according to the China National Grain & Oils Information Center.
Soybeans Bounce Off New Lows While Wheat and Cattle End Mixed.
Analyst says bottom is close technically in grain markets.
How Low Could Prices Go Without a Weather Threat?
A wait-and-see approach does not erase the need to sell price strength. If you are waiting for a rally before making more sales, you’ve got to sell when prices do rally.
For the first time in nearly two years, the average cost of moving goods by truck is set to rise 0.2% annually this month, signaling a potential end to the trucking recession, according to Bloomberg.
The unprecedented price spread between U.S. and Mexican hog prices is primarily driven by reduced hog inventory in Mexico, inflationary pressures and shifts in consumer preferences.