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Market Analysis
Fund Selling Continues in Corn and Beans with Wheat Trying to Bottom: Cattle Back Making Some New Highs
Fund selling continues as corn & beans have broken major support. Wheat is trying to bottom. Cattle back into contract highs with lower corn, higher cash ideas. Tomm Pfitzenmaier, Summit Commodity Brokerage.
February 28, 2023 11:42 AM
·
Michelle Rook
Market Analysis
Livestock Mixed on End of Month Positioning: Funds Continue to Sell in Grains with Support Violated
Livestock mixed on end of month positioning. However, cattle should be supported by higher cash ideas this week. Funds continue to sell in grains taking out support. Brad Kooima of Kooima Kooima Varilek has more.
February 28, 2023 09:19 AM
·
Michelle Rook
Opinion
Is the recent pullback a buying opportunity for wheat?
May Chicago wheat continued to bleed out yesterday, marking its lowest price since September 28th, 2021. That has brought the RSI to 29.63, which is considered to be “oversold”.
February 28, 2023 06:14 AM
·
Blue Line Futures
Market Analysis
AgDay TV Markets Now: Kevin Duling Discusses Why Funds Keep Selling Grain Futures and Where They Find Support
AgDay TV Markets Now: Kevin Duling of KD Investors talks about the continued fund selling in grains and how much lower the markets may go.
February 27, 2023 05:28 PM
·
Michelle Rook
Pro Farmer Analysis
Brazil Government to Resume Fuel Taxes
The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.
February 27, 2023 03:19 PM
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Pro Farmer Editors
Succession Planning
John Phipps: Is There a Shortage of Young Farmers?
As farm shows and meetings portray a crowd that seems to be aging, is there a shortage of young farmers threatening the future of ag? John Phipps explains why an abundance of young farmers may not be on the farm today.
February 27, 2023 03:16 PM
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U.S. Farm Report
Crop Production
Ukraine Farmers See Crop Production and Exports Reduced a Year After the Russian Invasion Began
A year after Russia invaded Ukraine farmers continue to see reduced crop production and exports. Farming has been difficult in the middle of a war, but farmers such as Nick Gordiichuk have persevered.
February 27, 2023 03:03 PM
·
Michelle Rook
Wheat
‘It Looks Like a War Zone': Texas Farmer Describes Wheat Crop Now Ravaged by Sunday’s Derecho and Dust Storm
Scenes across Texas, Oklahoma and Kansas resemble the Dust Bowl after winds topping 100 mph ravaged the area. Growers are dealing with a dryland wheat crop that could already see abandonment as high as 80%.
February 27, 2023 02:54 PM
·
Tyne Morgan
Allison J. Stowell
Allison J. Stowell is a registered dietitian and certified dietitian nutritionist with master’s degree, working as a dietitian for Hannaford Supermarkets.
February 27, 2023 02:22 PM
Market Analysis
Ag Markets End Mostly Lower on Fund Selling: How Much Lower Will Grains Go and Why Did Live Cattle Fade the COF?
Another mostly lower day with fund liquidation in the grains. How much lower will prices go? Live cattle see profit taking, fade the COF. Hogs also consolidated. Kevin Duling of KD Investors has details.
February 27, 2023 02:09 PM
·
Michelle Rook
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