Markets Today
AgDay TV Markets Now: Brian Grete, Pro Farmer, talks about the big rally in soybeans and meal and if prices will climb past $14 resistance, plus corn scores a key reversal.
Beans & meal up on SA weather, China export biz. Corn scores a key reversal but is it bottoming? Wheat is a reluctant follower. Cattle bounce off new lows. Hogs anticipate a cash low. Brian Grete, Pro Farmer, has more.
Soybeans rally on SA weather and China export hopes, pulling up corn. Wheat is a reluctant follower with weak demand. Cattle recover from new lows for the move, hogs follow. Kent Beadle, Paradigm Futures, has more.
Grains lean lower on WASDE hangover & eyeing SA weather, corn made a new low. Cattle 2-sided trying consolidating after fund selling & lower cash, hogs chop. Tomm Pfitzenmaier, Summit Commodity Brokerage, has more.
AgDay TV Markets Now: Don Roose, U.S. Commodities, talks about how the grain markets reacted to the bearish USDA Reports and huge flash soybean sales.
Grains lower after a bearish WASDE Report, fading big soybean export sales but still respecting SA weather. Cattle see massive fund liquidation amid lower cash, hogs mixed. Don Roose, U.S. Commodities, has details.
USDA reports are bearish with higher yield, production and ending stocks. Corn takes out September lows. Funds slam cattle with lower cash. Brian Splitt, AgMarket.Net, has analysis.
Cattle see more chart-based selling awaiting cash, hogs 2-sided after strong exports. Grains lower with pre-report, with soybeans fading big export sales. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Bryan Doherty, Total Farm Marketing, discusses why milk futures plunged from mid-October and what the outlook is for the rest of 2023.
AgDay TV Markets Now: John Payne, Hedge Point Global Markets says despite a smaller U.S. cotton crop due to drought, the market has not been able to rally due to macroeconomic demand concerns.