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Tomm Pfitzenmaier, Summit Commodity Brokerage discusses how soybeans scored a reversal with crude oil, higher products and dryness in Argentina. Wheat saw more technical selling and corn was caught in the middle.

The license would still bar Venezuela’s PdVSA, the state-owned oil company, from receiving any profits from the oil sales in the joint venture with Chevron.

Soybeans up w/ CO, product strength, Argentina drought. Wheat saw more technical selling, with corn caught in the middle. Livestock lower on economic concerns. Michelle Rook w/Tomm Pfitzenmaier, Summit Commodity.

While sectors such as housing and automobiles have seen a drop in demand, we’ve not seen the same in the farm equipment market (new or used).

For some farmers marketing can be a daunting task, especially with all the volatility and uncertainty of the current market environment. Nobody knows that better than two farmers turned market advisors.

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This article details trades I made throughout the growing season that allowed me to keep upside potential on 70% of my production while maintaining a profitable floor price.

Corn and wheat lower on China COVID concerns, poor exports. Soybeans reverse w/strong exports and a rebound in crude oil. Livestock down on demand fears. Michelle Rook is w/Shawn Hackett, Hackett Financial Advisors

Over the past nearly three decades, John Phipps has written around 600 articles for Farm Journal and Top Producer, and about 800 commentaries for U.S. Farm Report. He’s found a way to boost his creativity.

Grains and cotton under early pressure from China COVID protests and lower crude oil. Dollar is down. Live cattle see profit taking despite higher cash. Michelle Rook with Darin Newsome of Barchart.