Markets Today
Soybeans see profit taking on Brazil rain chances, pull down corn and wheat. Cattle rally into a slightly friendly COF report. Crude oil rebounds. Darren Frye, Water Street Solutions, has more.
Soybeans pull grains lower with rain chances for Brazil and technical selling. Cattle see short covering pre-COF and after the Tyson cyberattack. Hogs firm. Vince Boddicker, Farmers Trading Company, has details.
AgDay TV Markets Now: Jim McCormick, AgMarket.Net, explains why corn rallied despite the lower day in soybeans and the plunge in cattle.
The soy complex slid on Brazil rain chances and profit taking, while corn bounced. Cattle plunged on lower cash, pre-COF caution. Demand fears tanked crude oil. Jim McCormick, AgMarket.Net, has more.
AgDay TV Markets Now: John Heinberg, Total Farm Marketing, says grains slide on profit taking after hitting chart resistance, Brazil rain chances and outside markets.
Grains mostly lower on profit taking, rain chances in Brazil and spillover from outside markets. Cattle higher with help from the equity rally. Hogs correct. John Heinberg, Total Farm Marketing, has more.
Grains lower on profit taking after hitting chart resistance, plus bearish outside markets like crude oil and the dollar. Cattle up for the third day but can it last into the COF? Darin Newsom, Barchart, has details.
Soybeans complex higher on Brazil weather, outside markets and CPI data, corn followed. Cattle rally with equities, with profit taking in hogs. Jeff Hoogendoorn, Professional Ag Marketing, has details.
AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, discusses how the CPI data helped soybeans, corn and cattle all rally on Tuesday.
Soybeans 2-sided with mixed products. Corn disappoints after the reversal, wheat mixed. Cattle correct with equities; hogs see profit taking. Chip Nellinger, Blue Reef Agri-Marketing has more.