Grains and cotton higher on export news, higher crude oil, with soybeans building on the strong close over $15 yesterday and higher meal prices.  Cattle futures seeing profit taking awaiting cash but continue to show bullish optimism in the deferreds.  Hogs are down but April should find support around $80.  That's according to John Payne of Hedge Point Global Markets.  

Grains and cotton higher on export news, higher crude oil, with soybeans building on the strong close over $15 yesterday and higher meal prices.  Cattle futures seeing profit taking awaiting cash but continue to show bullish optimism in the deferreds.  Hogs are down but April should find support around $80.  That's according to John Payne of Hedge Point Global Markets.

Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets. 

Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets.

Markets Now with Michelle Rook

Michelle Rook talks daily with industry analyst to break down agricultural and commodity markets. 

Michelle Rook talks daily with industry analyst to break down agricultural and commodity markets.

Markets Now Early Markets 1-28-23

Grains end mixed Friday but higher for the week led by wheat.  Cattle make new highs for the move helped by stronger cash.  Can the markets continue to move higher?  Darren Frye, Water Street Solutions, has the answers.  

Grains end mixed Friday but higher for the week led by wheat.  Cattle make new highs for the move helped by stronger cash.  Can the markets continue to move higher?  Darren Frye, Water Street Solutions, has the answers.

Markets Now Closing Markets -4-26-24 Audio

Wheat is higher for a 7th day on technical buying and U.S. and global production concerns.  However, the market is watching rain chances in the extended forecast for the HRW areas and is nearing some chart resistance according to Allison Thompson of The Money Farm.  Corn and soybeans are seeing light pressure as they are into chart resistance and rain in the Corn Belt is actually seen as a bit bearish.  Export demand may be the sleeper fundamental for the corn market while weaker exports have hurt the soybeans.  Cattle continue to rally after Thursday's reversal on steady to higher cash.  

Wheat is higher for a 7th day on technical buying and U.S. and global production concerns.  However, the market is watching rain chances in the extended forecast for the HRW areas and is nearing some chart resistance according to Allison Thompson of The Money Farm.  Corn and soybeans are seeing light pressure as they are into chart resistance and rain in the Corn Belt is actually seen as a bit bearish.  Export demand may be the sleeper fundamental for the corn market while weaker exports have hurt the soybeans.  Cattle continue to rally after Thursday's reversal on steady to higher cash.

Markets Now Early Markets 4-26-24

Grains and livestock close mixed Thursday.  Wheat rallies for a 6th day on continued fund short covering and adding war and weather premium.  Can wheat keep moving higher and pull corn above overhead chart resistance? Or does corn have its own emerging story? Soybeans struggle to follow corn and wheat plagued by weak exports.  Cotton steady after the recent implosion of the market, so is the selling done?  Cattle see a nice recovery with steady to higher cash.  Alan Brugler, Brugler Marketing, has analysis.  

Grains and livestock close mixed Thursday.  Wheat rallies for a 6th day on continued fund short covering and adding war and weather premium.  Can wheat keep moving higher and pull corn above overhead chart resistance? Or does corn have its own emerging story? Soybeans struggle to follow corn and wheat plagued by weak exports.  Cotton steady after the recent implosion of the market, so is the selling done?  Cattle see a nice recovery with steady to higher cash.  Alan Brugler, Brugler Marketing, has analysis.

Markets Now Early Markets 1-28-23

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