Latest News From Markets

In an effort to prevent domestic cattle from being exposed to Bovine Influenza A Virus (BIAV), 17 states have restricted cattle imports from states where the virus has infected dairy cows.

Grains end mixed trading weather and gearing up for production numbers from USDA and Conab. Mark Schultz, Northstar Commodity says livestock set back with the equities, with a bearish key reversal in hogs.

Beyond a few marketing strategies or providing a unique product for a niche market, sustainable practices offer opportunity in what looks to be another low-priced period in the grain markets.

Grain markets are turning their attention to weather. What is ahead for the 2024 planting season? Meteorologist Eric Snodgrass has the forecast.

Grains are mixed Wednesday with a wheat rally supporting corn, but soybeans fall. Tomm Pfitzenmaier, Summit Commodity Brokerage, says its more than report positioning.

Several states and organizations filed lawsuits against the Biden administration’s recent revision of the calculation method for determining the fuel economy of electric vehicles (EVs).

Grains end lower on fund selling and U.S. and South American weather.  Ted Seifried, Zaner Ag Hedge, says the grain market is running out of time for a typical spring weather rally and a catalyst for funds to buy.

During an antitrust conference hosted by the Federal Trade Commission and Justice Department, USDA Secretary Tom Vilsack highlighted the need for more efforts to promote competitive markets in the agricultural sector.

Ted Seifred, Zaner Ag Hedge says grains lower on Tuesday on fund selling and weather. So, the market may be running out of time for a spring rally. Cattle see corrective buying, funds push hogs into contract highs.

What is the weather outlook for Plant 2024? Eric Snodgrass, Senior Science Fellow with Nutrien Ag Solutions, says it will be a tale of the eastern verses the western corn belt.

Cattle seeing an early rally, but can they hold it or will funds sell that strength?  Joe Kooima of Kooima Kooima Varilek says funds are pushing hogs to contract highs. Grains fall on favorable planting weather. 

Two UC-Davis analysts in a report highlighted that satisfying sustainable aviation fuel (SAF) goals would require a significant increase in soybean plantings, almost by 50%.

Brian Grete, editor of Pro Farmer, says the grains have been rangebound and sideways awaiting the April WASDE and with not a lot of fresh news to move the markets. Cattle are trying to find a bottom.

China has initiated a new round of action to significantly increase its grain output in the coming years via an increase in planted area and yield, in the latest effort to ensure food security.

Grains continue to trade sideways looking for a catalyst to push the funds out of their short positions. Pro Farmer Editor Brian Grete says the April WASDE could provide the next piece of fresh market moving news.

Grain markets lean higher early Monday with wheat seeing a rally which is helping corn and soybeans.  Kent Beadle with Paradigm Futures says live cattle are finding some support with hogs lower on profit taking.

Grains were mixed Friday, but cattle futures tanked again on HPAI fears and Tommy Grisafi, Advance Trading, says to expect more of the same next week.

National Corn Growers Association (NCGA) President Harold Wolle expressed concerns to the International Trade Commission, stating that imposing tariffs on 2,4-D could limit imports, increase prices, and...

Markets get overextended and need to equalize, says Jerry Gulke, president of The Gulke Group. "The stock market got too high and is correcting, and grains got too low and might be in the same process," he explains.

The Biden administration will release a preliminary climate model for its SAF subsidy program in the coming weeks that is more restrictive than the corn-based ethanol producers had hoped.

Tommy Grisafi, Advance Trading, says grains trade quiet and rangebound ahead of planting season, with one eye on weather. Cattle saw huge market losses for the week, and he thinks that volatility may continue.

Grains are mostly higher early and Darin Newsom with Barchart, chalks it up to fund short covering. The dollar rallies with interest rate concerns tied to non-farm payroll data, while cattle see more fund selling.

Jeff Hoogendoorn, Professional Ag Marketing, says corn may trade range bound until more is known about the weather for the 2024 planting season, but with only 90 million acres planted it will be sensitive to any issues.

NASS will make changes to its survey work for the January Cattle Inventory Report, December Hogs & Pigs Report, Cattle on Feed Report and Milk Production Report, along with some others.

Grains lean higher except soybeans with an up day in cattle and hogs. Jeff Hoogendoorn, Professional Ag Marketing, has analysis.

Scott Varilek, Kooima Kooima Varilek, says cattle try to bounce early but rallies are hard to sustain as new HPAI headlines circulate.  Hogs consolidate, while grains chop looking for direction.

AgDay TV Markets Now: Bryan Doherty, Total Farm Marketing, says grains saw more than corrective buying Wednesday and how long will cattle trade HPAI?

Former President Donald Trump has proposed a tariff plan, which includes imposing 60% tariffs on imports from China and 10% tariffs on imports from the rest of the world.

Nationwide sales of E15 rose 8% to a record 1.1 billion gallons in 2023, thanks to competitive prices and the growing number of stations that sell the fuel, according to a Renewable Fuels Association analysis of data.

Grains stage a short covering rally but what were the fundamental factors that also drove buying? Bryan Doherty, Total Farm Marketing, says cattle and milk markets continue to see pressure from HPAI news.

Kent Beadle, Paradigm Futures says grains are mixed early with wheat adding weather premium and corn trying to follow. Soybeans lower with meal. Funds back selling cattle on HPAI news, with hogs up.

Grains lower Tuesday on profit taking and risk off selling tied to outside markets. Cattle rebounded but how much can the market recover? Vince Boddicker, Farmers Trading Company has details on AgDay TV's Markets Now.

The prospects for Congress approving a new farm bill in 2024 have apparently become so dim they are almost invisible, says the American Enterprise Institute (AEI).

Grains end lower on Tuesday with continued consolidation and risk off selling from outside markets. Cattle recovered, while hogs made new highs and then faded. Vince Boddicker, Farmers Trading Company, breaks it down. 

Cattle recovering Tuesday after the HPAI selloff, while hogs are up on strong demand. Corn falls with rains in the Corn Belt, soybeans rally with the strong crush figure. Brad Kooima, Kooima Kooima Varilek, has more.

AgDay TV Markets Now: Dave Chatterton, Strategic Farm Marketing, says grains and cattle see risk off selling with human case of HPAI and a soaring dollar.

Corn-for-ethanol use totaled 441.5 million bu. during February, 1 million bu. more than traders expected.

The Renewable Fuels Association (RFA) is joining a legal challenge against the European Union’s FuelEU Maritime Regulation, arguing it unfairly penalizes the use of crop-based biofuels in the maritime sector.

A risk off day produces a sell off in cattle and grains. Was it all the human case of HPAI? Dave Chatterton, Strategic Farm Marketing, has analysis.

Grains lean lower on USDA Report hangover, ideas of better wheat conditions than 2023. Cattle mostly lower w/HPAI spreading, which supports hogs despite a bearish report.  Allison Thompson, The Money Farm, has more.  

Corn closes above the 50-day moving average after the USDA Reports, Garrett Toay, AgTraderTalk, talks about how far the market could rally from a technical standpoint.

Jerry Gulke, president of The Gulke Group, says even though the quarterly stocks number for corn came in below the trade guess, he thinks it is more bullish than it looks on the surface due to hidden corn disappearance. 

The Department of Energy (DOE) has declined a request by the American Petroleum Institute (API) and others to lift the suspension on new liquefied natural gas (LNG) export approvals.

While the White House aims to boost production of SAF, it has faced challenges in defining rules for tax credits, particularly for crop-based forms of the fuel.

Grains end mixed with strong gains in corn in reaction to USDA's 90 million acre estimate and lower than expected stocks. But how much higher can corn go? Garrett Toay, AgTraderTalk, shares his thoughts.

USDA provides bullish reports for corn, but neutral to bearish for soybeans and wheat. Brian Splitt, AgMarket.Net, has details.

Grain and livestock markets see 2-sided trade Thursday morning ahead of month end and USDA data. What will the markets trade after the reports? Randy Martinson, Martinson Ag, has insight.

Ethanol plants are exploring carbon capture technologies to reduce their carbon intensity (CI) scores and qualify for tax credits.

Mike Zuzulo with Global Commodity Analytics says farmers and funds have sold in the corn market the last couple of sessions with uncertainty on several fronts, including growing concerns about the USDA reports. 

Ambassadors from European Union countries reached an agreement regarding Ukrainian grain, extending tariff-free trade until June 2025.