Markets Today
Brad Kooima with Kooima Kooima Varilek says the recent strength in cattle has been a combination of fund buying and higher cash trade. He predicts that will continue into first quarter of 2026.
Chuck Shelby of Risk Management Commodities says soybeans, corn and wheat were oversold and saw some corrective buying but there was also some risk on buying across the ag complex.
Grain markets are all higher to start the week. Mark Knight with Farmer’s Keeper Financial says some of the strength is tied to short covering after lower weekly closes in corn, soybeans and wheat last week.
Scott Varilek with Kooima Kooima Varilek says cattle futures saw a chart breakout, pushed by fundamental factors. Meanwhile, the soybean market saw technical selling and pressure from mostly favorable weather in South America.
Soybeans scored new lows for the move on the last trading day of 2025. Randy Martinson says the market saw technical selling with end of quarter and end of year positioning and favorable weather in Brazil.
Kevin Duling with KD Investors says some algorithm trades moved the grain market with year end position squaring but there was also spillover from macro markets like gold and silver.
Joe Kooima with Kooima Kooima Varilek says the live and feeder cattle futures board has remained sideways since around Dec. 11. However, there is one thing that could break that trend.
Mike Minor with Professional Ag Marketing says the grains saw a Santa Claus rally on technical buying as under light volume its easier to move a market. Hogs reacted to the bearish Hogs and Pigs Report.
Dan Basse with Ag Resource Company says the next focus for the soybean market in 2026 will be South American weather and what does China do on long term soybean purchases.
Grains are quiet Tuesday morning. Volume is light as we are into holiday trading already says DuWayne Bosse of Bolt Marketing.