Market Analysis
Grains ended mostly higher on Friday positioning ahead of the holiday.
Soybeans and hogs soar on Thursday in an otherwise mixed market day. Michelle Rook has details with Darren Frye of Water Street Solutions.
Grains slid again on Wednesday, but ended off lows. Livestock faded early gains.
Tuesday’s markets were leaning lower except for cattle and old crop soybeans. Matt Bennett of AgMarket.Net joins Michelle Rook with analysis.
Monday’s markets were mostly higher except for soybeans. Grains saw a technical correction, while cattle faded the bearish Cattle on Feed Report and hogs continue their technical and seasonal run higher.
Thursday’s market closes ended mixed in the grains.
IN-DEPTH MARKET ANALYSIS: Wednesday was a risk-off day in the agricultural commodity markets.
The end of the South American monsoon has come earlier than average this year due to La Niña. The drier finish on the Safrinha crops will limit their yield potential.
Market Watch is a weekly overview of factors driving prices of ag commodities. It is not intended as trading advice. For detailed strategy and advice, call Brugler Marketing @ 402-697-3623.