Iran
Brad Kooima with Kooima Kooima Varilek says the rally late last week was impressive considering the equity markets were sharply lower on Thursday and Friday plus crude oil was higher.
Joe Kooima with Kooima Kooima Varilek says the ability of the cattle market to divorce itself from the outside markets the last two sessions has been very impressive.
Soybeans were slightly higher early but saw buying accelerate and the bull spreads kick in after the White House announced a new date for the China summit says Kevin Duling of KD Investors.
Jamie Gieseke with Paradigm Futures says the energy and grain markets are still chasing headlines trying to determine a fair prices. However, farmers need to ignore that noise when trying to make marketing decisions.
Corn futures were back higher on Tuesday morning following a recovery in the crude oil market says Vince Boddicker with Farmer Trading Company.
Significant increases in energy and fertilizer costs have experts eyeing long-term impacts on corn acreage and farmer profitability.
Brian Grete with CommStock Investments says corn and wheat fell with crude oil as the President announced a 5-day pause in the military strikes in Iran.
Cattle futures are higher early following the big rally in the equity markets says Scott Varilek with Kooima Kooima Varilek.
Jerry Gulke, president of the Gulke Group, says the rally in crude oil is about global energy security but it has benefited the grain markets.
Darren Frye with Water Street Solutions says longer term if energy prices stay higher the funds could continue to buy grains on inflation fears but he’s not sure about a full super cycle without several factors falling into place.
Mike Minor with Professional Ag Marketing says grains were mostly lower on Friday with profit taking heading into the weekend due to increased volatility and uncertainty regarding the Iran conflict.
Randy Martinson with Martinson Ag says the limit down day in old crop soybeans was tied to the fear that the meeting between President Trump and President Xi scheduled for China at the end of the month will be delayed due to the war.
Brad Kooima with Kooima Kooima Varilek says there were a couple of reasons the market ignored the strike and the biggest was the higher equity markets and lower crude oil
Wheat was the price leader on Friday mostly on technical buying according to DuWayne Bosse with Bolt Marketing.
Cattle futures are higher early Friday in tandem with the bounce in the equity markets and the pull back in crude oil and the energy markets according Scott Varilek of Kooima Kooima Varilek.
Soybeans made new highs for the move during the session. Mark Schultz with Northstar Commodity says it was partly due to the rally in crude oil and soybean oil. However, there were also some other factors that boosted prices.
Grain markets are continuing to rally on Thursday morning. Greg McBride with Allendale says they following the energy markets and trading headlines.
Grains ended higher on Wednesday with technical buying returning as traders attempted to add risk or war premium to the market says Don Roose of U.S. Commodities.
Grains were back sharply higher on Wednesday following crude oil and adding war premium according to Darin Newsom, senior market analyst with Barchart.
Rich Nelson with Allendale says with a quiet WASDE, the corn and wheat markets were again caught in the money flow from the energy sector.
Fertilizer prices were already elevated, but they’re now surging just weeks before spring planting. What can be done to ease costs in the short term as well as fix the problem for good?
Grains futures all made new highs for the move in the overnight session but could not hold on to gains during the day says Garrett Toay of AgTrader Talk with a pick up in farmer selling.
Cattle futures are sharply lower on Monday with feeder cattle touching limit down at one point on economic uncertainty according to Brad Kooima of Kooima Kooima Varilek.
Grains markets all hit fresh highs for the move on Friday as funds piled into buy in the complex. Chip Nellinger with Blue Reef Agri-Marketing says they were adding risk premium.
Scott Varilek with Kooima Kooima Varilek says the uncertainty of the war in Iran has caused some reallocation of money this week.
Allison Thompson with the Money Farm says the rally in crude oil is causing the money to flow into he grains as a hedge against inflation.
Grain markets eased on Wednesday in tandem with the cooling energy markets, including crude oil says Alan Brugler of A&N Economics.
Grain markets were lower on Wednesday morning as Rich Nelson of Allendale says they are seeing spillover from easing energy markets.
Strait of Hormuz disruptions and refinery attacks drive fuel costs higher as farmers face a 2026 planting season crunch.
Ted Seifred of Zaner Ag Hedge says while the rally in the energy markets is bullish for grains, the higher dollar and possible demand destruction from the Iran war are bearish. The market is trying to determine which will win out.