A higher start in grains Monday with cattle lower. Brad Kooima of Kooima Koomia Varilek says cattle fall after a lower week but despite steady to $1 higher cash last week as they were overbought.  He thinks the market may be consolidating sideways, and is seeing cautious trade ahead of the Cattle on Feed Report.  However, beef prices are moving higher with increased kill and that should be supportive.  Hogs made new highs for the move on fund buying.  Grains are back higher with a string of flash export sales and missed rains in the Southern Plains supportive.  

A higher start in grains Monday with cattle lower. Brad Kooima of Kooima Koomia Varilek says cattle fall after a lower week but despite steady to $1 higher cash last week as they were overbought.  He thinks the market may be consolidating sideways, and is seeing cautious trade ahead of the Cattle on Feed Report.  However, beef prices are moving higher with increased kill and that should be supportive.  Hogs made new highs for the move on fund buying.  Grains are back higher with a string of flash export sales and missed rains in the Southern Plains supportive.

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.