Markets Now Closing Markets - 11-15-24 Audio
Grains and cattle recover Friday with hogs lower. Naomi Blohm, Total Farm Marketing, says grains help support areas and saw technical and corrective buying. Cattle also saw a short covering and profit taking heading into the weekend, while hogs were lower confirming a top with lower cutouts.
Markets Now Early Market 11-15-24
Grains and cattle are leaning higher early Friday, hogs lower. Scott Varilek, Kooima Koomia Varilek, says cattle were lower yesterday following lower cash at $185 and with lower cutouts. Hogs are rolling over with lower cutouts as well. Grains are trying to recover with some corrective buying an…
Markets Now Closing Markets - 11-14-24 Audio
Grain and livestock futures all end lower Thursday. Randy Martinson, Martinson Ag, says the risk off selling was tied to new highs for the year in the dollar index, renewed fears about tariffs and a trade war and technical selling as key support was taken out on the charts of many markets. Soybea…
Markets Now Early Markets 11-14-24
Grain and livestock futures are mostly lower early Thursday. Vince Boddicker, Farmers Trading Company says the lower trade for a 4th day as technical selling accelerates and a higher dollar continues to add pressure. Soybeans took out key support at $10 and soybean meal also made new contract low…
Markets Now Closing Markets - 11-13-24 Audio
Grains end lower for a third day, with livestock mixed. Shawn Hackett of Hackett Financial Advisors says the weakness in grains is coinciding with the strength in the dollar in what he calls the "Trump Factor". He expects more volatility ahead as the markets sort through news regarding tariffs, t…
Markets Now Early Markets - 11-13-24 Audio
Grains lower for a third day with livestock mixed. DuWayne Bosse of Bolt Marketing says pressure in grains is coming from a higher dollar, lower crude oil, Trump's political appointments and weather. Corn is fading another 27.3 million bushels of flash export sale from Mexico and unknown. Cattle…
Markets Now Closing Markets - 11-12-24 Audio
Grains end lower for a second day while livestock rally. Chuck Shelby, Risk Management Commodities, says grains saw technical selling. Corn and soybeans had a good rally last week post-election and reached the top end of trading ranges. When prices could not take out chart resistance funds took …
Markets Now Early Markets 11-12-24
Grains are slightly lower Tuesday with livestock mostly higher. Kent Beadle with Paradigm Futures says corn and soybeans are seeing technical selling after failing at chart resistance again on Monday and soybean oil is follow palm oil lower which is also a drag on the soybeans. Wheat continues to…
Markets Now Closing Markets - 11-11-24 Audio
Grains end lower to start the week, with livestock higher. Allison Thompson with The Money Farm says pressure in the grains came from a lack of news or fresh demand, farmer selling and bearish outside markets like lower crude oil and a higher dollar. Wheat was also down with improved weather and …
Markets Now Early Markets 11-11-24
Grains and cattle are mixed Monday morning, with hogs higher. Brad Kooima of Kooima Kooima Varilek, has details.