Markets Today
Grains closed mixed as corn and KC wheat hit chart resistance, but new highs in soybean meal helped soybeans. Livestock rebounded on technical short covering. Chip Nellinger of Blue Reef AgriMarketing has more.
CattleFAX provided their cattle price outlook for 2023. Michelle Rook talks with Kevin Good of CattleFAX to get details.
Grain and livestock futures see early strength. Technical buying in grains, drier weather in Argentina and strong corn exports. Cash grain prices holding strong according to Nick Tsoilis with The Farmer’s Keeper.
Cattle futures lower fading USDA’s Cattle Inventory Report. Hogs resume their slide, while grains ended mixed as soybeans see profit-taking. Is the weather rally over? Brad Kooima of Kooima Kooima Varilek has more.
Grains try to recover midday with help from the reversal in outside markets. Live cattle are mixed with bullish hopes for the USDA Cattle Inventory Report. Scott Varilek of Kooima Kooima Varilek has details.
Grain and livestock traded 2-sided with end of the month positioning, profit taking & spread unwinding. However, corn & soybeans failed to take out chart resistance. Oliver Sloup, Blue Line Futures has analysis.
Grains see corrective buying end of month, hit resistance, plus risk off in outside markets. Profit taking in LC after new contract highs, while hogs continue their recovery. Rich Nelson of Allendale has more.
Grains mostly higher with new contract highs in soybean meal putting in SA weather premium, but how high can prices go? Live cattle hit new contract highs on higher cash. Matt Bennett of AgMarket.Net has details.
Grains higher except corn, with weather concerns in South America. How much higher can soybeans go? Live cattle make new contract highs with help from higher cash. Ted Seifried of Zaner Ag Hedge has analysis.
Grains close mixed Friday. Profit taking & Argentina rain weigh on soybeans, but all the grains had higher weekly closes. Cattle were up on $156 southern cash. Randy Martinson, Martinson Ag has more.