Corn
Soybeans were sharply lower in the overnight trade and then saw a gap higher open during the day session on talk that China was in pricing U.S. soybeans says Brian Grete with Commstock Investments.
Promising new technologies are entering the market, but large-scale corn and soybean farmers often face a frustrating bottleneck.
Vince Boddicker of Farmers Trading Company says while no sales have been confirmed, just the rumors of China in the U.S. market looking for bids brought buyers back into the market.
Grains saw nice reversals and closed higher on Monday, which was a victory considering the amount of bearish news the market had to absorb according to Kevin Duling with KD Investors.
Ken Ferrie lays out a strategy for farmers struggling with ponded corn acres after rains soak parts of the Midwest.
Brad Kooima says cattle were catching some spillover selling from the news the Iran peace deal had been signed, the higher equity markets and lower crude oil futures.
Jerry Gulke, president of The Gulke Group, says the speed and magnitude of the correction in the grain markets from the May highs has surprised him.
Jim McCormick of AgMarket.Net says the grain market has taken out premium tied to weather, war and China.
Prioritize specific agronomic outcomes—like erosion control or nitrogen fixation—before opening the seed catalog.
Scott Varilek with Kooima Kooima Varilek says the cattle market saw some pre-weekend positioning and was also trading news that a JBS beef slaughter plant in Pennsylvania was closing.