Grains continue higher with weather concerns in the U.S. and South America, a lower dollar and funds are covering shorts with the stronger technical action.  Crude oil continues to see pressure.  Will the funds eventually buy grains?  Darin Newsom, has the answers.  

Grains continue higher with weather concerns in the U.S. and South America, a lower dollar and funds are covering shorts with the stronger technical action.  Crude oil continues to see pressure.  Will the funds eventually buy grains?  Darin Newsom, has the answers.

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 5-3-24

Corn and wheat end lower on technical selling plus better planting weather and a bigger Kansas wheat crop.  Soybeans rally and see bull spreading with a push from higher soybean meal and especially bean oil on continued rumors of tariffs on Used Cooking Oil.  Cattle rock to near term highs with sharply higher boxed beef and higher cash, while hogs see selling on the futures premium to the cash.  Jim McCormick, AgMarket.Net, has details.  

Corn and wheat end lower on technical selling plus better planting weather and a bigger Kansas wheat crop.  Soybeans rally and see bull spreading with a push from higher soybean meal and especially bean oil on continued rumors of tariffs on Used Cooking Oil.  Cattle rock to near term highs with sharply higher boxed beef and higher cash, while hogs see selling on the futures premium to the cash.  Jim McCormick, AgMarket.Net, has details.

Markets Now Closing Markets -5-17-24 Audio

Cattle futures make new highs for the move pushed by sharply higher boxed beef cutouts and higher cash in the North.  Hogs fail with lower cutouts and the futures premium to the LHI.  Scott Varilek, Kooima Kooima Varilek has details.  Corn is being held back by wheat and needs to hold key support, with soybeans rallying with products.

Cattle futures make new highs for the move pushed by sharply higher boxed beef cutouts and higher cash in the North.  Hogs fail with lower cutouts and the futures premium to the LHI.  Scott Varilek, Kooima Kooima Varilek has details.  Corn is being held back by wheat and needs to hold key support, with soybeans rallying with products.

Markets Now Early Markets 5-17-24

Grains end mostly lower except nearby soybeans and bean oil.  Corn, beans and wheat took another run at resistance areas on the charts again and could break through.  Is this a healthy correction as the market waits for more weather news or topping action?  Mike Minor, Professional Ag Marketing, has insight, and talks about what's driving the rally in cattle and hogs.  

Grains end mostly lower except nearby soybeans and bean oil.  Corn, beans and wheat took another run at resistance areas on the charts again and could break through.  Is this a healthy correction as the market waits for more weather news or topping action?  Mike Minor, Professional Ag Marketing, has insight, and talks about what's driving the rally in cattle and hogs.

Markets Now Early Markets 5-3-24

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