Corn
Brad Kooima says both live and feeder cattle futures markets struggled Monday as the huge recovery off the lows put contracts up into 50% retracement levels.
Soybean futures ended sharply lower on Friday, with the January contract down 33¢ for the week. Matt Bennett with AgMarket.Net says the poor close is tied to mixed messages about a signed soybean agreement with China and sales progress.
Scott Varilek with Kooima Kooima Varilek says Thursday saw the volume of live sale prices at $220, up $10 from last week but even some $222 developed in Iowa.
Syngenta’s latest innovation knocks out corn rootworm and addresses a host of other yield-robbing pests in a variety of crops.
Tommy Grisafi with Nesvick Trading says bull markets need to be fed daily and so corn and soybeans would need a combination of factors to converge to retest the November highs.
Vince Boddicker with Farmers Trading Company says grains took the path of least resistance on Wednesday trading lower with a lack of fresh bullish news.
Corn and wheat futures were lower early Wednesday seeing some profit taking after a higher close Tuesday says Darin Newsom, senior market analyst with Barchart.
Darren Frye with Water Street Solutions says the market was adding some geopolitical risk premium with tensions rising in the Black Sea region.
Randy Martinson with Martinson Ag says so far its estimated China purchased 3 MMT but in order for China to keep on pace it would need to buy over 2 MMT a week through the end of 2025.
Several years of low commodity prices, high input costs and thin margins have taken a toll on soil stewardship in some parts of the country. As a result, farmers need to use caution and do their homework before renting ground that’s coming available in their area for 2026.