Grains and livestock are mixed.  Weekly grain exports were decent this morning and Darin Newsom, Sr. Market Analyst for Barchart says wheat is seeing more fund short covering adding some risk premium, especially geopolitical.  Soybeans are seeing harvest pressure and removing some weather premium with forecasted rains for Brazil.  Corn is rangebound waiting for new news.  CPI data was slightly above expectations but will the stock market continue to make new highs and what does that mean for markets like cattle or even grains?  

Grains and livestock are mixed.  Weekly grain exports were decent this morning and Darin Newsom, Sr. Market Analyst for Barchart says wheat is seeing more fund short covering adding some risk premium, especially geopolitical.  Soybeans are seeing harvest pressure and removing some weather premium with forecasted rains for Brazil.  Corn is rangebound waiting for new news.  CPI data was slightly above expectations but will the stock market continue to make new highs and what does that mean for markets like cattle or even grains?

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.

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