Grain and livestock futures trade higher early.  Brad Kooima, Kooima Kooima Varilek, says the nearby live cattle futures made new highs for the move pushed by sharply higher cash in the North at mostly $196, the South was at $191.  Can the market keep climbing?  Feeders recover as APHIS says the Mexican border will not reopen to imports of feeder cattle until 2025.  Hogs are higher as well as the grains.  

Grain and livestock futures trade higher early.&nbsp; Brad Kooima, Kooima Kooima Varilek, says the nearby live cattle futures made new highs for the move pushed by sharply higher cash in the North at mostly $196, the South was at $191.&nbsp; Can the market keep climbing?&nbsp; Feeders recover as APHIS says the Mexican border will not reopen to imports of feeder cattle until 2025.&nbsp; Hogs are higher as well as the grains.&nbsp;&nbsp;

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 12-16-24

Grains end the week on a sour note wtih cattle mixed and hogs higher Friday. Oliver Sloup, Blue Line Futures, has analysis.  

Grains end the week on a sour note wtih cattle mixed and hogs higher Friday. Oliver Sloup, Blue Line Futures, has analysis.&nbsp;&nbsp;

Markets Now Closing Markets - 12-13-24 Audio

Grains are mixed early with livestock higher.  Randy Martinson, Martinson Ag, says soybeans are seeing profit taking on South American weather and despite another 7.3 million bu. of export business this morning, Corn and wheat are following soybeans with a higher dollar serving as a headwind.  Cattle are recovering but need to close higher to negate yesterday's reversal.  There is talk APHIS will release guidance on when the Mexican border will open to feeder cattle later today.  

Grains are mixed early with livestock higher.&nbsp; Randy Martinson, Martinson Ag, says soybeans are seeing profit taking on South American weather and despite another 7.3 million bu. of export business this morning, Corn and wheat are following soybeans with a higher dollar serving as a headwind.&nbsp; Cattle are recovering but need to close higher to negate yesterday's reversal.&nbsp; There is talk APHIS will release guidance on when the Mexican border will open to feeder cattle later today.&nbsp;&nbsp;

Markets Now Early Markets 12-13-24

Grain and livestock markets close mixed Thursday.  Bryan Doherty, Total Farm Marketing, says corn is hit by profit taking and farmer selling after running into chart resistance and that pulls the wheat market lower.  Soybean held their own still holding chart support with solid weekly exports and a 12.3 million bu. sale of soybeans to unknown destinations, plus the South American crop is not made just yet.  Cattle futures made new highs for the move with the volume of cash trade steady to $3 higher and with higher cutouts but then failed.  So is it a reversal or a top?  Milk and product prices soar on Thursday, what was behind the move and how much upside is there?  

Grain and livestock markets close mixed Thursday.&nbsp; Bryan Doherty, Total Farm Marketing, says corn is hit by profit taking and farmer selling after running into chart resistance and that pulls the wheat market lower.&nbsp; Soybean held their own still holding chart support with solid weekly exports and a 12.3 million bu. sale of soybeans to unknown destinations, plus the South American crop is not made just yet.&nbsp; Cattle futures made new highs for the move with the volume of cash trade steady to $3 higher and with higher cutouts but then failed.&nbsp; So is it a reversal or a top?&nbsp; Milk and product prices soar on Thursday, what was behind the move and how much upside is there?&nbsp;&nbsp;

Markets Now Early Markets 12-16-24

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