Markets - General
Jon Scheve discusses why margin calls are actually a good thing and farmers should not avoid them.
Chuck Shelby, Risk Management Commodities, says every year weather can make the markets volatile, making it difficult for farmers to price their grain or do risk management.
Grains were lower in Thursday’s trade but are attempting to stabilize in the overnight and early morning trade.
Milk prices had a nearly $5 rally from the April lows but have since pulled back. Bryan Doherty, Total Farm Marketing, says cheese prices will dictate where prices head next and so far consumer demand has stalled.
Grain futures are mixed in the overnight and early morning trade as traders, hedgers, and other market participants gear up for the monthly WASDE report, out at 11am CT. These are the levels to keep a close eye on.
Lean hogs have been under heavy pressure for the last month and a half, but have started to show signs of life near the lows of the year. Has the risk/reward shifted back to the buy-side?
Grain futures price were able to hold halfway decent in Tuesday’s trade, but that momentum has vanished following the mid-week intermission. Will July options expiration offer stability to prices?
Livestock Bulls were disappointed in Tuesday’s trade. Will the mid-week intermission help the market stabilize or is there more pressure to come?
The Fed is expected to start lowering interest rates by the end of the year. Darin Newsom, Senior Market Analyst with Barchart, says this may keep fund money away from the grain markets.
Row crops recovered on Tuesday, while cattle posted another lower day. Brad Kooima, Kooima Varilek says all those markets saw corrective action.