Market Analysis
New Contract Lows in Soybeans and Wheat
How Low Will Grain Prices Go?
USDA’s Lower Ending Stocks May Have Helped
USDA raised both old crop exports and feed usage by 75 million bushels. Standard Grain’s Joe Vaclavik describes the report as “the friendliest report you possibly could have received from USDA.”
Ending Stocks go Down Instead of Up
Does This Stop the Bleeding in Corn?
Hogs Bounce Off Contract Lows
Markets Overdue for a Correction
Weather and Farmer Selling Also Factors
Funds Continue to Press Corn and Beans to 3-Year Lows
How Much Lower Will Prices Fall?
North Trades Record $200 Cash Cattle
Cattle Higher Despite Lack of Cash Trade
Correcting Oversold Status
Most of the Bearish News is Priced In
Prices fell more than 30¢ for the week. “Many of us thought there would be a few less corn acres but it turned out to be more. Corn prices reacted quickly and violently due to the shock,” says Jerry Gulke.
Soybeans and Wheat Prices Follow
What does it mean for the balance sheets and future prices?
Jerry Gulke shares three things to know about the state of corn, soybean and wheat prices.
Joe Kooima of Kooima Kooima Varilek says row crops have had a tough week making new lows — and Friday is off to a similar start.
Live cattle futures were able to trade to multi-month highs in yesterday’s trade as a red-hot cash trade starts to lure in more Fund participation.
Grain markets had a bullish reversal in yesterday’s trade but failed to find follow-through buying in the overnight and early morning trade. Will buyers show up at the 8:30 open again?
Grains have been under heavy pressure for the last two weeks, but has the selloff shifted the risk/reward setups back to the buy side?
USDA’s June Acreage report tends to be a major market mover. Ahead of the report, we asked economists to weigh in on where think the acreage numbers could land in the report set to be released June 28.
Grains were lower in Thursday’s trade but are attempting to stabilize in the overnight and early morning trade.