Markets Today
Grains and hogs mixed and 2-sided at midday. Cattle see technical bounce but will LC retest last week’s contact highs and what is the cash outlook this week? Michelle Rook asks Brad Kooima, Kooima Kooima Varilek.
Follow through buying in soybeans with dryness in Argentina, more technical selling in wheat, corn is caught in the middle. Cattle and hogs are mixed. Michelle Rook with Vince Boddicker Farmers Trading Company.
Soybeans up w/ CO, product strength, Argentina drought. Wheat saw more technical selling, with corn caught in the middle. Livestock lower on economic concerns. Michelle Rook w/Tomm Pfitzenmaier, Summit Commodity.
Corn and wheat lower on China COVID concerns, poor exports. Soybeans reverse w/strong exports and a rebound in crude oil. Livestock down on demand fears. Michelle Rook is w/Shawn Hackett, Hackett Financial Advisors
Grains and cotton under early pressure from China COVID protests and lower crude oil. Dollar is down. Live cattle see profit taking despite higher cash. Michelle Rook with Darin Newsome of Barchart.
Corn & beans up on holiday technical buying, wheat sees technical selling with rain chances. Milk lower w/ record COVID cases in China, cattle consolidate. Michelle Rook w/ Bryan Doherty of Total Farm Marketing.
Grains see technical buying on light holiday volume, strong corn exports. Livestock 2-sided with strong exports, short covering in hogs, cattle mixed with higher corn vs. higher cash. Michelle Rook has an update.
Grains mostly higher on light holiday trade on follow through technical buying, higher crude oil and export news. Cattle lower with higher corn. Hogs are down with lower cash & cutouts. Michelle Rook has an update.
Grains rally back into the close with technical buying and holiday positioning. Cattle closed lower even with higher cash, hogs also sold off. Michelle Rook w/ Mike Minor of Professional Ag Marketing.
Grains mixed in typical pre-holiday positioning. Livestock mostly lower with technical selling, while cash cattle trade is higher. Michelle Rook talks with DuWayne Bosse of Bolt Marketing.