Markets - General
USDA’s latest Cattle Inventory report showed U.S. beef cattle numbers fell to the lowest level in 64 years to start the year. Tight supplies and strong demand could push cattle prices to even higher highs in 2025, but uncertainty is infusing more risk and volatility into the markets.
Tariff threats on Canada and Mexico weigh on corn and soybeans while wheat shows potential for a breakout.
Matt Bresnahan and Daniel White join John Homenuk from of Empire Weather to discuss Corn & Soybean markets and the weather situation in South America as well as his early forecast for the North American Spring.
Grain markets looked weaker in the early morning session, but buyers stepped in and pushed corn and soybeans to new highs for the move. More upside to come, or time for a healthy correction?
Weighing on Scott Irwin’s mind is whether U.S. grain growers need to get some downside price protection for 2025 crops.
The latest USDA American Farms and Ranches at a Glance report offers insights to how row crop growers are making a go of it financially in 2025.