Markets - General
Grains ease on Tuesday on farmer selling and lack of fund buying. Arlan Suderman with StoneX says weather concerns may be priced in until after the WASDE.
Tomm Pfitzenmaier, Summit Commodity Brokerage, says grains mixed as fund buying pauses and with increased farmer selling. Markets are watching weather, WASDE. Livestock see a Turnaround Tuesday bounce.
Livestock futures were mixed to start the week. Are we entering what traders often refer to as a “traders paradise?”
Grain futures have taken a pause in the recent rally after tagging our resistance levels for corn and soybeans. Is the top in or is the market just catching its breath.
Tommy Grisafi, Advance Trading, says it’s the combination of weather and production concerns globally and in the U.S. that have finally caught the grain market’s attention and will dictate how high prices go.
Grains rally on weather and technical buying. Will funds keep covering their short positions with the chart breakouts and what kind of rally could that produce? Tommy Grisafi, Advance Trading, has answers.
The SAF guidance was more stringent than the biofuels industry hoped for. Eligibility requires carbon capture or farmers adopting Climate Smart Ag practices. However, they consider use of the GREET model a victory.
Brad Kooima, Kooima Kooima Varilek, says cattle are trading more H5N1 headlines and disregarding higher cash, hogs are following. Grains are adding weather premium, but he cautions weather rallies are fleeting.
Livestock futures were on a rollercoaster last week, will we see more of the same or will prices start to settle into a range? Watch us on RFD-TV, today at 9:45am CT!
Grain markets had an impressive finish to last week’s trade but are pulling back in the overnight and early morning trade. A healthy correction for buyers to step in, or more pressure to come?