Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
March corn prices were down 9¢ and March soybean prices were up 6¢ for the week ending Feb. 12. March wheat prices were down 3.25¢.
Marketing your grain during rallying markets is stressful. To learn some tips, attend a webinar today with grain market analyst Matt Bennett.
March offers a big lineup of USDA reports. Each will offer key insights to big market questions.
Grains lower on fund selling, removing risk premium on improved extended forecasts. Soybeans ignore China export biz. Live cattle lower working in softer cash, hogs consolide. Randy Martinson, Martinson Ag has more.
As the saying goes, a bear only needs to eat once a year and the bull needs to eat every day. This week, grain prices drifted lower.
How will you respond to today’s profit opportunities? First, understand how the changes in market prices impact your operation.
For this week, May corn prices were up 18.25¢ and May soybean prices were up 1.75¢, for the week ending March 19. May wheat prices were down 12¢.
The markets continue to exercise caution ahead of the fourth and final big USDA report this month.
The grain markets posted another active week. May corn prices were up 9¢ and May soybean prices were up 30¢, for the week ending April 16.
Wow. This week saw corn prices top $6 and soybean prices top $15.
Grains lower still removing weather & war premium, ignoring the 4.85 mb new crop beans to China. Live cattle lower with sloppy and limited cash, hogs consolidating. Kent Beadle, Paradigm Futures has more.
AgDay TV Markets Now: John Heinberg of Total Farm Marketing says corn and soybeans remove weather premium and could see more technical selling pressure after chart damage.
China has maintained its position as the world’s largest meat importer since 2019, despite a recent decrease in imported meat volumes, according to a USDA Economic Research Service report.
With the dry areas getting smaller and the wetter areas getting wetter, Jerry Gulke says the market is justified in removing weather premium from corn and soybeans.
Grains Lower Friday Removing Weather Premium, Row Crops do Technical Damage: That Supports Livestock
Grains lower as funds sell removing weather premium, row crops do chart damage. Cattle supported by lower corn, higher cash bids. The LHI keeps pulling along hog futures. John Heinberg, Total Farm Marketing has more.
December corn futures fell 12 1/4 cents, before settling at $5.21, ultimately falling 15 1/4 cents on the week.
Grains lower on fund selling, removing weather premium. Cattle up on softer corn and as feedlots hold out for higher cash. Hogs still pushed by the rising cash index. Scott Varilek, Kooima Kooima Varilek summarizes.
Peter Zeihan, an American author on geopolitics, writes Ukrainian agriculture is facing a severe threat after Russia exited the Black Sea grain deal and has attacked Ukrainian grain infrastructure.
The big market moves this week show just how tight the supply situation is for commodities, says Jerry Gulke, president of the Gulke Group.
The excitement in the grain markets continues. July corn prices were up 58.25¢ and July soybean prices were up 55.75¢, for the week ending May 7.
The grain markets posted major moves this week. December corn prices were up 45.50¢ and November soybean prices were up 62¢, for the week ending June 4.
Grains see profit taking with better extended forecasts, plus a lack of fresh war news. Soybeans fade 33.4 mb of export biz. Livestock higher with lower feed prices. Allison Thompson with The Money Farm has details.
Right now, the grain markets are focused on the haves and the have nots. That is those areas that have received rain and those who have not.
The market moves this week give volatility a whole new meaning, says Jerry Gulke, president of the Gulke Group.
AgDay TV Markets Now: Rich Nelson, Allendale, says funds take profits in row crops on Thursday on a better extended weather forecast. What yield is the market trading?
Corn & beans lower on profit taking & improved weather. Wheat mixed awaiting fresh war news. Live cattle consolidate ahead of cash. Hogs mostly lower so is the seasonal rally over? Rich Nelson, Allendale has more.
November soybeans fell 22 cents to $13.98, ending the session below the 10-day moving average and near the session low.
Politico reports that House Ag Committee member Greg Casar is introducing two new bills, targeting large agricultural corporations that have significant influence on the farm bill reauthorization.
Corn, beans, cotton lower on profit taking, weather, stronger dollar. Wheat is mixed awaiting fresh war news. Cattle trying to rebound with lower corn. Shawn Hackett, Hackett Financial Advisors has details.
Grain markets go through three stages: greed, hope and fear. With two weeks of lower prices, the markets could be headed to the fear stage, says Jerry Gulke, president of the Gulke Group.