Market Analysis
Fed raises interest .75, corn and wheat move lower and soybeans are up with help from technical buying and China demand hopes. AgDay’s Michelle Rook chats with Ted Seifried of Zaner Ag Hedge.
Now that harvest has started, progress is seeing at a rapid pace for portions of the Midwest. Soybean prices saw a rebound Thursday, with some analysts attributing it to both export sales and option expiration.
Ahead of the report, analysts expected a drop in corn yield, but not soybean yield — and the market responded quickly, says Bill Biedermann, AgMarket.Net co-founder.
This article discusses the variables impacting corn prices right now.
Weekly overview of ag market news and price movement. Intended for education and entertainment value. Not intended as trading advice.
This article discusses the variables impacting corn prices right now and the likelihood of $8 corn returning.
In preparing for tomorrow’s report, Brian Splitt, co-founder of AgMarket.net, encourages you to think about the potential risks and look for tools that could help mitigate those risks.
Weekly overview of ag market news and prices compiled by Brugler Marketing & Management LLC. Not to be considered trading advice. Call 402-697-3623 for more information.
The Fed made another aggressive rate hike this week, and as recession talks continue, one ag economist doesn’t think the bearish tone in the economy should warrant drastic marketing moves from farmers this fall.
An oil price of $120 a ton could send the global economy into a major recession and fan inflation in the U.S., which Jim Wiesemeyer says is already in double digits for rural Americans.