Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets.
Bree Baatz, Terrain
Corn & Beans Surge on Crop Cuts: What Yield is the Market Trading?
Can Corn & Beans Make New Highs on Yield Cuts From PF Tour and weather?
Karen Braun, Zaner Ag Hedge
Sherman Newlin, Zaner Ag Hedge
Joe Kooima, Kooima Kooima Varilek says cattle are lower with the Tyson plant closure news, hogs follow. Grains are working on higher weekly closes.
Kyle Bumsted, Allendale, Inc. says grains are mixed early Thursday on report hangover and the Black Sea export disruptions. Cattle and hogs are seeing technical selling with lower cash.
Dave says grains explode higher on a bullish WASDE for corn and Black Sea export concerns. Cattle crash.
Jim McCormick, AgMarket.Net
Rich says grains fall on Tuesday with risk off selling ahead of the WASDE report but what's already priced in? Wheat slides on talk of a Black Sea deal. Cattle end mixed with hogs mostly lower.
Mike talks about the pressure in grain markets early Tuesday on weather, WASDE positioning and Ukraine announcing an alternative export route. Cattle higher with help from cash and death loss, hogs fail with poor demand.
Arlan says grain markets were slightly higher except corn trading war, weather and WASDE. Cattle extended gains with higher cash.
Brad Kooima with Kooima, Kooima Varilek
Scott Varilek, Kooima Kooima Varilek
Mike says corn and soybeans bounced off support with fresh China soybean sales and positioning ahead of the WASDE. Wheat saw technical selling with poor exports. Cattle hit resistance and saw profit taking, hogs were also under pressure.
Allison Thompson, The Money Farm
Kevin Duling, KD Investors
Randy Martinson, Martinson Ag
Chuck says grains fall removing weather premium, but money flow and lower crude oil priced played a role, Cattle see a chart breakout, hogs follow.
Mark Knight, Farmer's Keeper Financial
Brad Kooima, Kooima Kooima Varilek
Matt says grains closed lower on Friday and for the week taking out weather and geopolitical premium. Will the markets be able to find support soon? Cattle ended higher for the week, so is all the bearish border news digested?
Don says wheat fades a big early rally on Black Sea export disruptions, corn and soybeans fall with favorable weather. Cattle saw additional strength and bottoming action? Hogs plummeted.
Darin Newsom, Barchart, Inc.
Jamie says grains fall with soybeans leading the plunge on weather and China concerns. Is the rally over? Crude oil rallies, while the FOMC leaves rates unchanged. Cattle continue to recover.
Mike Minor, Professional Ag Marketing says corn and soybeans fall on more favorable weather. Cattle continue to recover, hogs take a break.
John Heinberg, Total Farm Marketing says corn and soybeans see a technical bounce on falling crop ratings. Cattle recover but for how long?
DuWayne Bosse of Bolt Marketing says grains try to recover after an ugly day Monday with lower crop ratings but will it hold? Cattle also bounce early after the negative reaction to the border opening to Mexican imports on Aug. 24.
Grains Implode on Flip in War, Wx and China: Cattle Crash on MX Border Reopening
Joe Kooima, Kooima Kooima Varilek says grain and livestock futures are sharply lower Monday morning. Cattle fall as the Mexican border is reopened to imports, grains remove war and weather premium.
Scott Varilek, Kooima Kooima Varilek talks about if the cattle market is bottoming? Grains see some profit taking but is the rally over?
Bryan Doherty, Total Farm Marketing
Grains Explode to New Highs on War and Weather Concerns: How High Will Prices Run?
Vince Boddicker, Farmers Trading Company says grains soar on Wednesday adding war and weather premium. Why can't cattle hold?
Greg McBride, Allendale, Inc. says grains consolidate on crop conditions and weather. Cattle continue to bounce.
Mark Schultz, Northstar Commodity says soybeans and corn make fresh highs for the move but for how long? Wheat sets back on profit taking, while cattle bounce or put in a low?
Joe Kooima, Kooima Kooima Varilek
Scott Varilek, Kooima Kooima Varilek says cattle continue to slide looking for a bottom, hogs are seeing a chart breakout, while grains are watching weather and soybean export sales.