Markets - General
Oliver Sloup on Markets on the Move: yesterday’s optimism in corn and wheat gave way to today’s disappointment as prices retreated. Soybeans closed lower for the third consecutive day and are hanging on the edge of a significant inflection point.
Grain markets traded higher early on to start the week but that strength fizzled out and led to a questionable close. More pressure to come, or just a healthy pullback?
Oliver Sloup on Markets on the Move: grain and livestock markets came alive in today’s trade, counter to what many traders may have been expecting. Can the rallies continue when we come back to work on Friday?
Corn, soybeans, and wheat futures traded within their previous day’s ranges on Tuesday, with minimal volatility as markets remained subdued ahead of the Thanksgiving holiday.
Oliver Sloup on Markets on the Move: grain markets traded on both sides of unchanged today but finished modestly lower as key technical levels come into play. Cattle futures closed locked limit lower following bearish headlines on Friday. How much more downside is left?
Grain markets have traded on both sides of unchanged to start the shortened holiday week. The bulk of cattle contracts opened lock limit lower. The options market shows continued weakness, but it may not be the panic that you might think. Oliver Sloup joins RFD-TV to break it down, tune in!
Oliver Sloup on Markets on the Move: grain futures came out of the gates strong to start the week, but that momentum faded and led to some weakness in the back half of the week, putting prices at significant inflection points for next week’s trade.
Grain and cattle markets got hit hard in Wednesday’s trade. Grains remain technically sound while cattle stay volatile. What’s in store for the rest of the week? Tune in to Markets on the Move for Oliver Sloup’s latest breakdown.
Despite the strong political rhetoric at the center of cattle and beef prices, as well as meatpackers seeing major losses, economists say rebuilding the U.S. cattle herd will be the slowest in history.
Jerry Gulke, president of the Gulke Group, says soybeans had rallied into the report as the market priced in additional China demand. So, he wasn’t surprised with the reaction,