Livestock Markets
Grains were uniformly higher early this morning but some of that strength fizzled as positioning squaring ahead of Tuesday’s WASDE may have capped upside movement. Livestock markets were mostly mixed with little new news.
Grain markets were lower as the lack of new news has kept buyers at bay. Livestock markets came under pressure on the back of long liquidation from funds. In the outside markets, it was new all-time highs for the S&P and NASDAQ.
Grain markets struggled to find buyers in today’s trade and long liquidation was seen in the cattle complex. Here’s how the first trading day of the month shook out.
Grain markets were lower in the overnight trade after President Elect Donald Trump brought up potential tariffs on Mexico and Canada. The markets digested that news and finished the day mixed.
It was an eventful morning, particularly in the cattle complex with a big gap higher, but the market settled down shortly after the open with some contracts closing lower on the day. Grain markets were mostly mixed.
Cattle futures gap higher in Monday’s trade on the back of concern regarding beef imports from Mexico
Grain and Livestock Market were mixed in Tuesdays trade, here’s how things shook out.
Grain markets were mixed in the overnight trade but have found support following the floor open. A sign of better things to come? Livestock markets had a WILD end to last week but are relatively mute to start this week’s trade. Here are a few things we are keeping an eye on.
Grain and livestock markets were lower in Thursday’s trade as selling took hold. More downside to come ahead of the weekend?
Livestock markets have had a nice run higher over the last few months but appear to be stalling out. Is downside risk starting to outweigh upside potential?
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