Markets Today
AgDay TV Markets Now: Dave Chatterton Says Grains and Cattle Sink with Risk Off Day, Human HPAI Case
AgDay TV Markets Now: Dave Chatterton, Strategic Farm Marketing, says grains and cattle see risk off selling with human case of HPAI and a soaring dollar.
A risk off day produces a sell off in cattle and grains. Was it all the human case of HPAI? Dave Chatterton, Strategic Farm Marketing, has analysis.
Grains lean lower on USDA Report hangover, ideas of better wheat conditions than 2023. Cattle mostly lower w/HPAI spreading, which supports hogs despite a bearish report. Allison Thompson, The Money Farm, has more.
Corn closes above the 50-day moving average after the USDA Reports, Garrett Toay, AgTraderTalk, talks about how far the market could rally from a technical standpoint.
Grains end mixed with strong gains in corn in reaction to USDA’s 90 million acre estimate and lower than expected stocks. But how much higher can corn go? Garrett Toay, AgTraderTalk, shares his thoughts.
USDA provides bullish reports for corn, but neutral to bearish for soybeans and wheat. Brian Splitt, AgMarket.Net, has details.
Grain and livestock markets see 2-sided trade Thursday morning ahead of month end and USDA data. What will the markets trade after the reports? Randy Martinson, Martinson Ag, has insight.
Mike Zuzulo with Global Commodity Analytics says farmers and funds have sold in the corn market the last couple of sessions with uncertainty on several fronts, including growing concerns about the USDA reports.
Row crops remained under pressure on supply concerns, wheat was mixed. Cattle recover, so is the panic selling over? Mike Zuzulo, Global Commodity Analytics, has price action.
Corn and soybeans, plus cattle continue to see technical selling pressure. Report squaring, plus HPAI news and the port closure have been negative for the markets. DuWayne Bosse, Bolt Marketing, covers it all.