Livestock Analysis

Oliver Sloup covers grain markets as they come off a sharp reversal, with today’s trade marking a reversal of the reversal. Can the momentum continue from here?

Grain markets got hit hard on the first trading day of the year, but as we entered the first full week of trade, the markets found their footing. Oliver Sloup breaks down what comes next.

The first trading day of the year put pressure on grain prices, but that has turned as we enter the first full week of the year. Oliver Sloup joined RFD-TV to break it down for you.

Oliver Sloup on Markets on the Move: Today’s WASDE report gave corn a leg higher, with prices back at the top end of the range and knocking on the door of a technical breakout. Can the momentum continue, or will prices fall flat again? Tune in for more.

Oliver Sloup on Markets on the Move: A bearish head and shoulders pattern has been developing and confirming over the last several sessions, taking soybean futures to 6 week lows ahead of tomorrow’s WASDE report. What are the levels to watch for going forward? Tune in for more.

Oliver Sloup on Markets on the Move: a bearish head and shoulders pattern has been developing in soybeans over the last two weeks, signaling caution ahead. Cattle futures ripped back higher, erasing roughly half of their recent two-week losses. Tune in for more.

Oliver Sloup on Markets on the Move: yesterday’s optimism in corn and wheat gave way to today’s disappointment as prices retreated. Soybeans closed lower for the third consecutive day and are hanging on the edge of a significant inflection point.

Grain markets traded higher early on to start the week but that strength fizzled out and led to a questionable close. More pressure to come, or just a healthy pullback?