Markets - General
Oliver Sloup on Markets on the Move: corn and soybeans opened on the lows and closed at the highs in today’s trade. Prices are now knocking on the door of recent highs, which could lead to another leg higher. Will Friday’s WASDE report dampen the optimism or confirm the recent strength?
Oliver Sloup on Markets on the Move: grain markets found their footing on Monday to erase some of the weakness that we saw late last week. Are new highs in order? Lean hogs finally snapped out of it, erasing about three weeks of losses all in one session!
Grain markets struggled in the back half of last week’s trade but have found their footing as significant support has held for corn, soybeans, and wheat. Where to next?
Oliver Sloup on Markets on the Move: soybeans traded in a 33 ½ cent range this week, only to settle 1 ¾ cents higher on the week. This rings true to our thesis that opportunities for traders on both sides of the market will continue to present themselves. Cattle managed to recover on Friday, but it hardly put a dent in the weekly losses.
The grain rally continued on Wednesday as technical momentum remains firm following a shift in fundamental headlines over the last two weeks. Long liquidation in cattle continued with the Administration’s stance spooking Funds. Oliver Sloup brings you the latest insights on Markets on the Move.
Tune in as Oliver Sloup brings you another episode of Markets on the move, Corn, soybeans, and wheat all saw a continuation of their recent rally. The coordinated move higher across grain markets suggests the potential for a broader trend change.
Oliver Sloup joins RFD-TV to break down grain markets have come alive over the last few weeks on the back of positive news that spurred constructive technical momentum. Capitulation in cattle last week has led to consolidation with all eyes back on the cash market.
Jerry Gulke, president of the Gulke Group, says the reaction in the soybean market following the announced trade framework between the U.S. and China provides important technical clues for future price direction.
Soybeans Surge as Grain Markets Close October Strong; Cattle Wobble Amid Uncertainty Ft Oliver Sloup
Oliver Sloup on Markets on the Move: grain markets capped off October with solid momentum on the month’s final trading session, led by a standout performance in soybeans. The soy complex drove the day’s gains as all major grains extended their monthly advances. Meanwhile, the livestock sector told a different story — cattle futures ended the week on uneven footing as traders navigated mounting headline risks and market uncertainty.
Oliver Sloup on Markets on the Move: Grains resilient, cattle recover — has the bottom arrived? Tune in to learn more!