Market Analysis
Corn, beans, and wheat have been under pressure for the last week. It are showing signs of life in the early morning trade. Is the market set up for a bigger relief rally?
Livestock futures were largely lower in yesterday’s trade, along with commodities broadly. It appears some markets have stabilized, will that help cattle and hogs?
Grains are mixed in the early morning trade as the selling pressure may be running out of steam.
Cattle futures were under heavy pressure to start Monday’s trade but found support midday to finish back near unchanged on the day.
Grain futures were lower in yesterday’s trade and the first crop condition report didn’t offer any relief as conditions were reported to be better than expected.
Cattle futures were lower in the back half of last week’s trade but still posted an impressive month. What will the month of June hold for cattle and hog futures?
Grain markets saw a rough end to the month of May which has spilled into some weakness to start a new week and a new month of trade. Is the top in or will the markets be able to stabilize?
Commodity prices saw pressure this week, and analysts say it’s largely due to gains in planting progress. What are the chances the grain market can find some momentum in June? Joe Vaclavik and Chip Nellinger weigh in.
Grain markets have been softer for much of the week but have found their footing in the overnight and early morning trade. Will the strength hold into the weekend?
Cattle futures were strong to start the week as fundamentals remain firm ahead of a seasonally strong time of year, driven by firm demand.