A weekly summary of ag market price action, compiled by Brugler Marketing & Management each week since 2003. Intended for educational purposes and not as advice.
USDA National Agricultural Statistics Service (NASS) announced it’s canceling the July Cattle Inventory Report. In the announcement, NASS blamed budget cuts from the most recent appropriations bills.
Grain markets have flatlined to start the week as the lack of new news has kept buyers and sellers at bay. These are the technicals we are watching that could change that.
Cattle futures made new lows but seemed to reject them with a strong afternoon trade. Is the low in? Tune into RFD-TV todays at 12:45 CT to watch Oliver Sloup touch on the Grain & Livestock Market.
Grain markets have traded on both sides of unchanged in the overnight and early morning trade, these are the levels to keep an eye on in today's trade.
Today’s USDA report is often regarded as one of the more meaningful reports of the year which often comes with volatile market reactions. Will we see the same this year?
Cattle futures were under pressure on Friday, ahead of the monthly Cattle on Feed report. With a slightly bearish tone, will the selling continue into this week's trade?
Grain futures had a strong finish to yesterday's trade which has helped spur additional upward momentum in the early morning trade as Funds feel the squeeze to exit short positions.
Cattle futures started the week sharply higher with all eyes on the outside markets in today and tomorrow's trade and the Cattle on Feed report on Friday.
Jerry Gulke says he’d like to see another higher weekly close next week to help confirm the bottom is in the soybean market as well as a close above $12. A higher monthly close would be even more convincing.
With the prospective plantings report fast approaching traders will be focusing in on weather conditions throughout the Cornbelt. Though it is very early in the year, we like to use the Wayne Gretzky approach, heres why
Cattle futures were lower to start the week which may have been induced by a light round of profit taking ahead of what is a seasonally softer time of year.
In today’s 2 minute drill, we zoom in on the monthly chart of May corn futures. We saw a nice pop off of the contract lows in late February, but have been stuck in a 10 1/2 cent range since then.
Grains lower on profit taking after corn and beans hit resistance, plus farmer selling & report positioning. Cattle bounced, while hogs set back with lower cash and cutouts. Ted Seifried, Zaner Ag Hedge, has more.
Corn and soybeans post higher weekly closes. Does this finally confirm a low? Bryan Doherty says corn "hasn’t turned all the way yet" and soybeans likely will experience pressure from Brazil's harvest and prices.
Corn and wheat rallied on end of month profit taking by the speculative traders, while soybeans and cattle faltered. Arlan Suderman with StoneX has details.
USDA's Ag Outlook Forum in Washington, D.C., this past week confirmed growing stocks in 2024/2025. Analysts say without a sudden supply disruption, the commodity price outlook remains grim.
What caused the price pressure again this week? Naomi Blohm of Total Farm Marketing by Stewart-Peterson and John Payne of hEDGEpoint Global join U.S. Farm Report to discuss what the market is watching.