Grains are mostly higher early Tuesday, with livestock mostly lower.  Randy Martinson with Martinson Ag says grains are positioning ahead of the election, Fed announcement and the WASDE.  Martinson says the election results will influence the grain market direction especially with the fear of tariffs and trade disruptions.  As far as the WASDE, he sees only slight adjustments on yield and demand.  Cattle continue to slide on profit taking and fund liquidation and awaiting cash trade.  Hogs put in reversals yesterday and are seeing more pressure today perhaps confirming a top.  

Grains are mostly higher early Tuesday, with livestock mostly lower.  Randy Martinson with Martinson Ag says grains are positioning ahead of the election, Fed announcement and the WASDE.  Martinson says the election results will influence the grain market direction especially with the fear of tariffs and trade disruptions.  As far as the WASDE, he sees only slight adjustments on yield and demand.  Cattle continue to slide on profit taking and fund liquidation and awaiting cash trade.  Hogs put in reversals yesterday and are seeing more pressure today perhaps confirming a top.

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.