Corn
Darin Newsom with Barchart says most of the bounce in grains is tied to technical and corrective buying as the markets got oversold.
Don Roose of U.S. Commodities says grain markets bounced off key technical support on Monday but are marking time ahead of the WASDE.
With global supply, production costs and geopolitics all in flux, corn and soybean growers face a tough call on how much of their 2027 crop inputs to price this fall.
Last week the live and feeder cattle futures technically looked promising says Joe Kooima of Kooima Kooima Varilek, but then the market posted lower weekly closes.
Jerry Gulke, president of the Gulke Group, says the 20 cent losses in corn on Wednesday cost farmers raising 200 bu. an acre corn $40 an acre.
Kernels left behind in fields this fall could become a 22% yield loss in your soybeans next year. But fixing the problem starts with the right diagnosis, says one seasoned farmer.
Dec corn futures ended 4 1/2 cents lower on Friday at $4.97 3/4 and was down 30 1/2 cents for the week.
Cattle futures ran into chart resistance after new highs for the move on Thursday and on live cattle the market tested the long term trend line.