Markets Today
Live cattle look lethargic midday despite positive fundamentals & higher feeders, hogs are mostly lower. Grains higher with technical buying, weather premium. Brad Kooima of Kooima Kooima Varilek has details.
Grains see corrective buying but will it hold? And does the wheat market need to add some weather premium? Livestock under pressure. Analysis with Allison Thompon of The Money Farm.
Grains ended lower on end-of-year fund liquidation and removing South American weather premium. Livestock were mixed and two sided, largely ignoring weather. Alan Brugler of Brugler Marketing has analysis.
Grains continue to see fund selling with a lack of supportive news and thin holiday volume. Livestock are trading both sides of steady. Vince Boddicker of Farmers Trading Company has details.
Grains lower with more fund liquidation in pre-holiday trade, with SA rains and China COVID concerns. Livestock firmer with the lower feed prices and cold weather. Kevin Duling of KD Investors has details.
2023 is around the corner and analysts are already talking about what to expect.
Grain markets end mixed after focusing on recessionary talk and the risk off in outside markets, while livestock rebound with help from strong cash and cutouts.
Soybeans rebounding following meal and with Argentina crop concerns, wheat and corn trade on both sides of steady. Livestock rebound with strong cash and cutouts. Randy Martinson of Martinson Ag.
A risk off day in the outside markets, including DOW, weighs on livestock and soybeans. Wheat put in weather premium and pulled corn higher in the process. Jim McCormick of AgMarket.Net has details.
Livestock seeing fund selling again and spillover from the lower DOW. Soybeans and products consolidate, with corrective buying in wheat, corn is following. Scott Varilek of Kooima Kooima Varilek has details.