Markets - General
Even with an improved outlook,Ever.Ag chief economist Lee Schulz says his forecast points to another tough reality: producers won’t get back to break-even levels on their balance sheets until August of this year, a testament to just how steep losses were in 2023.
Oliver Sloup of Blue Line Futures joins CME Group to discuss the upcoming prospective plantings report and the excitement that can come along with it. The spring and summer months are an exciting time of year for corn and soybean markets as analysts, traders, and producers grapple with the ever-changing landscape.
Joe Kooima of Kooima Kooima Varilek says cattle and hogs both saw gap higher openings and are seeing triple digit gains with help from the cash. Corn is higher following wheat, while soybeans lag.
Jerry Gulke, president of the Gulke Group, says while he is short term bearish on corn his longer-term outlook is still bullish.
A choppy grain trade has presented a lot of shorter-term opportunities for traders on both sides of the market. Is that the trend into the prospective planting report?
Last week was a volatile one for a lot of different markets, that theme seems to have carried over into the start of this week. Here are some things to keep an eye on for the grain and livestock markets.
Jerry Gulke, president of the Gulke Group, says despite the volatility tied to tariffs, the corn and soybean markets closed only slightly lower for the week and Gulke was impressed at the reset off the lows that produced a hook reversal on the charts.
Tariff talk kept markets moving this week with ride trading ranges in grain and livestock markets. Is this the new norm?
Dan and Oliver share their outlook and confusion over this week’s trading environment on a volatile Friday. Confusion and a lack of clarity regarding tariffs and trade have been the running theme this week. Watch here as the team talks through their own views and outlook on this environment.
Volatility has ramped up across commodity markets over the last few weeks which has given traders on both sides of the markets a lot of shorter-term trading opportunities.