Markets - General
AgDay TV Markets Now: Kent Beadle, Paradigm Futures explains why grain and cattle saw red on Valentines Day
Grain markets see fund selling ahead of USDA’s Ag Outlook Forum. Cattle pressed by lower cash in the south, but hogs rally on Prop 12 news. Kent Beadle, Paradigm Futures, has details.
Grains and cattle start in the red, while hogs finally bounce. DuWayne Bosse, Bolt Marketing, looks at where the early pressure stems from.
AgDay TV Markets Now: Alan Brugler, Brugler Marketing, discusses why soybeans could not extend gains on Tuesday and why corn can’t bottom.
Alan Brugler, Brugler Marketing says he can’t call a low in the corn market without some sort of a catalyst and “We don’t have much to work with fundamentally in soybeans to rally.”
Cattle see profit taking with a lower stock market. Hogs continue to consolidate. Corn tries to extend gains on fund short covering with a lack of bullish news. Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Naomi Blohm says corn and soybean saw a technical bounce but are still watching two key factors this week for direction.
Soybeans see short covering before USDA Outlook Forum. Corn follows beans, bouncing off contract lows. Live cattle see profit taking despite higher cash, feeders strong. Naomi Blohm, Total Farm Marketing, has more.
Grains start mixed with soybeans seeing corrective buying, while wheat is lower and corn is stuck. Cattle seeing slight gains after sharply higher cash, hogs are two-sided. Randy Martinson, Martinson Ag, has details.
AgDay TV Markets Now: Chuck Shelby, Risk Management Commodities, says corn and soybeans end lower on Friday as funds continue to sell with more favorable weather in South America and ahead of USDA’s Ag Outlook Forum.