Markets Today
Grains close higher on short covering and putting in some risk premium. Live cattle ended higher with steady Southern cash. Hogs broke above chart resistance. Rich Nelson, Allendale, Inc. covers it all.
Scott Varilek, Kooima Kooima Varilek says live cattle see pressure ahead of cash news and COF but have absorbed a lot of bearish news. Hogs consolidate, with short covering in grains putting in war premium.
Soybeans continue to see South American hedge pressure and that is dragging down corn says Arlan Suderman of StoneX.
Soybeans make near term lows pulling down corn, wheat bounces on crop concerns. Cattle firm ahead of the COF, while outside markets continue to watch geopolitical developments. Arlan Suderman, with StoneX, has more.
Corn and beans fall on slow exports and weather. Wheat sees short covering with frost concerns in the extended forecast. How are geopolitical concerns impacting markets? Darin Newsom, Barchart, has details.
Grains end mixed Wednesday with the markets lacking bullish news. Kevin Duling, KD Investors, says wheat was the biggest disappointment.
Wheat sees technical selling, with corrective buying in beans and products. Corn was slightly lower in a narrow range. Kevin Duling, KD Investors discusses when will grains be an inflationary/geopolitical buy?
Grains see short covering early with a lower dollar then turn mixed searching for news. Cattle drifting preparing for the COF report. Hogs chop. DuWayne Bosse, Bolt Marketing, has more.
AgMarket.Net’s Matt Bennett says the grain markets are suffering from a lack of buying enthusiasm due to the bearish supplies.
Row crops fall on weather and planting progress. Funds are still short ahead of the growing season. When will that change? Matt Bennett, AgMarket.Net, has the answer on that and if the cattle market is bottoming.