Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Corn and beans lower on profit taking and better than expected crop ratings. Livestock rebound after a lower opening putting in weather premium and with fund buying. Randy Martinson, Martinson Ag has details.
Cattle see profit taking after a chart breakout, new contract highs in feeders Monday. Hogs consolidate. Grains down on profit taking, better than expected crop ratings. Brad Kooima, Kooima Kooima Varilek has more.
AgDay TV Markets Now: John Payne, Hedge Point Global Markets talks about how high corn and soybeans could go on this late season weather rally.
Ukraine strongly opposes the imposition of any restrictions on the import of its grain by neighboring countries after a European Union ban ends on Sept. 15, Foreign Minister Dmytro Kuleba said.
Row crops up on weather, yield concerns and with new export biz. Wheat sells off ahead of first notice day. Cotton also struggles, but livestock stage a strong rally. John Payne, Hedge Point Global Markets has more.
Jerry Gulke thinks USDA will have to lower yields in its next report. He also says he hasn’t seen a late-season weather market like this since 1988.
Soybeans and corn up on weather and export biz. Talks with Russia on reentering the Black Sea grain deal weigh on wheat. Cattle mixed, hogs continue to slide. Tomm Pfizenmaier, Summit Commodity Brokerage has more.
AgDay TV Markets Now: Brian Grete, Pro Farmer, talks about their crop estimates and what they mean for the markets.
Corn closed lower, soybeans higher on weather & in anticipation of Pro Farmer’s crop estimates. Pro Farmer’s Brian Grete talks about how the tour influenced their cuts and what it means for ending stocks & prices.
As the two leaders of the ProFarmer Crop Tour converge, the eastern route and western route tell two very different stories—Chip Flory and Brian Grete are watching the markets with new perspective on crop conditions.
AgriTalk host Chip Flory will have full analysis of the Pro Farmer National Yield Estimates live at 2 p.m. CDT.
Whether you have a low-cost operation, a highly leveraged operation or are somewhere in between, it’s a good idea to run an ROI analysis to understand just how good or bad marketing opportunities are at any time.
AgDay TV Markets Now: Mike Zuzulo, Global Commodity Analytics, explains what the macroeconomic concerns signal and what that means for commodity markets.
AgDay TV Markets Now: Jim McCormick, AgMarket.Net says corn and soybeans markets are determining yield from crop tour to harvest.
AgDay TV Markets Now: Scott Varilek with Kooima Kooima Varilek says the Cattle on Feed confirmed continued tight supplies and could lead to record prices in 4Q.
The shock front-runner in Argentina’s presidential election, libertarian Javier Milei, would strip out state intervention from the giant farming industry to unleash an export boom.
Row crops post higher weekly closes and could be confirming a short-term low as the market continues to determine yield.
AgDay TV Markets Now: Bryan Doherty says corn and beans post higher weekly closes and may pause until more is known about hot this weather impacted yield.
China’s economic woes continue to mount with continued data pointing toward a recession. What does this mean for U.S. ag exports?
November soybeans rose 23 1/4 cents to $13.53 1/4, closing above the 200-, 20- and 40-day moving averages and gaining 45 3/4 cents on the week.
Grains higher on fund buying, weather and news of India importing wheat. Cattle recovered pre-COF with higher cutouts and Sept. milk had a chart breakout. Bryan Doherty, Total Farm Marketing has analysis.
Grains up on technical buying, weather, crop tour squaring and geopolitical concerns. Cattle reverse and see short covering pre-COF and with higher cutouts, hogs extend gains. Jim McCormick, AgMarket.Net has more.
Grains up on technical buying, weather, war concerns. Cattle break major chart support on sloppy cash, pre-COF. What’s the downside risk? Hogs see follow through buying. Scott Varilek, Kooima Kooima Varilek has more.
Experts anticipate better prices and supplies to end 2023 after the surge in 2022 made for some of the most expensive crops ever.
Spot container shipping rates on trans-Pacific routes are experiencing a notable upward trend, at least for the time being.
AgDay TV Markets Now: Don Roose of U.S. Commodities says corn and soybeans end higher on technicals, weather and awaiting yield data but how much recovery is expected?
The International Grains Council (IGC) raised its forecast for 2023-24 global corn production, with an improved outlook for Ukraine’s crop only partially offset by a downward revision for China.
Row crops see technical bounce with hot dry weather. How much recovery can we expect? Wheat sees weak technicals and demand. Cattle down with weaker cash, while hogs bounce. Don Roose with U.S. Commodities has more.
Row crops see technical bounce with hot dry weather. How much recovery can we expect? Wheat sees weak technicals and demand. Cattle down with weaker cash, while hogs bounce. Don Roose with U.S. Commodities has more.
Soybeans up on hot dry wx & new crop exports, corn follows but fights lower wheat with more technical selling. Cattle see fund selling with steady/lower cash, hogs bounce. Mark Schultz, Northstar Commodity has more.