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Grains see light selling with a slight improvement in weather, profit taking and hedge selling after breaking resistance. Cattle consolidate, hogs gap higher pushed by cash. Randy Martinson, Martinson Ag has details.
Cattle lower on consolidation awaiting cash, hogs gap higher w/strong cash. New crop corn and beans see some profit taking, hedge pressure with a little bit better weather. Brad Kooima, Kooima Kooima Varilek.
AgDay TV Markets Now: Bryan Doherty with Total Farm Marketing talks about the new contract lows in Class 3 fluid milk prices and when the market might improve.
After hitting a record high for Class III fluid milk in April 2022 at nearly $26, spot month milk futures have plunged to new contract lows, hitting $14.92 per hundred weight on June 16.
AgDay TV Markets Now: Bryan Doherty, Total Farm Marketing says grain markets post sharply higher week and strong technical closes. Action could get even more explosive if dry weather forecasts continue.
Grains end sharply higher Friday, for week on fund buying & weather concerns. If it stays dry how high will prices run? Cattle bounce but is a bottom in? Hogs up for the week. Bryan Doherty, Total Farm Marketing.
Grains end sharply higher on Friday and for the week on fund buying, weather concerns. How high will prices run? Cattle bounce but is a bottom in? Hogs post a higher week. Bryan Doherty, Total Farm Marketing.
Grains see massive fund buying in a bull blown weather market. How high will price go? Cattle recover despite weaker cash and higher corn, while hogs reverse. Darin Newsom, Barchart.
Grains see massive fund buying in a bull blown weather market. How high will price go? Cattle recover despite weaker cash and higher corn, while hogs reverse. Darin Newsom, Barchart.
AgDay TV Markets Now: Garrett Toay, AgTraderTalk, discusses if new crop corn can get to $6 or soybeans to $13 on this weather rally?