Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Weather and Demand are the Main Factors in the Grain Markets
Grain markets were meaningfully higher in the early morning trade but gave some gains back into the afternoon. Livestock markets continued their rally in Tuesday’s trade.
In updated comments on a new farm bill, Senate Ag Chair Debbie Stabenow (D-Mich.) says the House proposal claims to enhance the farm bill but disproportionately benefits a few sectors.
These groups argue that without reforms to Endangered Species Act processes, farmers will face significant and costly restrictions that may be unnecessary to protect endangered species.
Wheat and Cotton Fail
Hogs See Follow Through Buying, But Cattle Fail
Agriculture and Agri-Food Canada (AAFC) updated its 2023-24 and 2024-25 balance sheets based on information available as of July 15.
A look at China’s soybean imports from Brazil and the U.S. during the first half of the year.
Grain Futures Add Risk Premium, COF Ignites Cattle
Grains Trade Weather and China Economic News
Corn, soybeans, and wheat are all higher to start the week. Will the rally be able to not only hold, but extend towards the next big resistance levels?
With the risk of a bumper crop and old crop inventory still in farmer’s hands, Jerry Gulke says there’s potential for more downside risk in corn and soybeans. As a result, he thinks farmers need to look at risk protection
Wheat Also Trying to Stablize
Price action summary for the week and a look ahead at the next 5, 30 and 90 day segments for the soybean market.
Hogs Recovering from Recent Contract Lows
As a result, global grain stocks in the new-crop marketing year are expected to decline to a 10-year low.
New research from UBS Group AG indicates that imposing a 60% tariff on all Chinese exports to the U.S. would significantly impact China’s economy, potentially more than halving its annual growth rate.
We can infer some alignment between Vance and Trump’s policies on biofuels based on the following points:
Is This Just Corrective Buying?
USDA raised its beef production forecast for 2024, with higher expected steer and heifer slaughter more than offsetting reduced cow kills.
New Contract Lows in Soybeans and Wheat
How Low Will Grain Prices Go?
USDA’s Lower Ending Stocks May Have Helped
Increased rainfall is helping to alleviate the severe drought conditions that had forced restrictions on ship passages through the Panama Canal.
Ending Stocks go Down Instead of Up
Does This Stop the Bleeding in Corn?
Hogs Bounce Off Contract Lows
