Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets.
Scott says cattle crash on fund liquidation and fear of the COF report, plant strike. Grains pop adding war premium.
Jon Scheve, Scheve Grain
Mark Schultz, NorthStar Commodity says grains collapse as China Denies Ag Buys and follows lower Oil: Cattle balance Ft. Morgan plant lockout vs. better cash news.
Darin talks about the pressure in grains as China fails to confirm the $17 billion of ag purchases, plus weather and lower crude oil weigh on the markets. He's also watching the bond market.
Brian Grete says grain markets started higher but failed awaiting more China details and proof of business. Cattle bounced with the huge discount to record cash, while hogs failed again.
Lane Akre, economist with Pro Farmer says grains are slightly higher on Tuesday. The market has factored in the China deal and now needs proof of sales to continue higher. Livestock are mixed to higher.
Mike talks about how the grain markets exploded on news of $17 billion of additional China purchases annually through 2028. But why did livestock fade the news?
Brad says grains surge as details are released on the $17 billion China ag purchases on top of the fall soybean commitments. Cattle futures lag record cash trade, when will that change? Hogs up on China hopes.
Shawn says grains and cotton slide further on disappointment out of the China summit. How much farther will grain prices fall? Cattle hold gains with higher cash.
Scott Varilek, Kooima Kooima Varilek
Don talks about the sharply lower day in grain markets as no ag purchase agreements have been announced by China. How low do prices fall? Cattle fade record cash, hogs slump.
Randy says grains are down sharply with no ag purchase agreements being announced during the China summit. Grains take out key support. Cattle rally with record cash.
Sam Hudson says corn and soybeans were higher on inflationary buying and optimism about the China summit. Wheat saw profit taking, while cattle soared with record cash.
Jamie Gieseke, Paradigm Futures
Arlan Suderman says winter wheat ends limit up as USDA shocks the market slashing production. Corn and soybeans also get surprises. Cattle fall on import fears.
Brian Splitt, AgMarket.Net
Vince Boddicker says grains rally on risk on buying tied to the war, weather, WASDE and the China summit. Cattle fall on the presidential order to increase beef imports.
Brad Kooima says cattle bounce Monday but is the top in? Grains higher on risk on buying tied to China news and adding war premium.
Grains rally Friday led by soybeans on talk of China purchases ahead of the Summit next week. Cattle end lower despite record cash.
Cattle recover with record cash, fading Brazil beef import talk. Hogs mostly higher despite Mexico PRV export restrictions on variety meats. Grains mixed to higher trying to recover.
Corn and soybeans followed crude oil but ended off lows holding support. Wheat spiraled removing weather premium while cattle were lower despite higher cash trade.
Grain and livestock futures continue to sell off with crude oil Thursday morning on ideas the Iran war is coming to an end. How far will grains fall yet?
Is the grain rally over after the market plunges with crude oil and the Iran peace talks. Cattle extend gains but what's wrong with the hog market?
Greg McBride, Allendale
Brady Huck, Empower Ag Trading
Brad Kooima, Kooima Kooima Varilek says cattle fall further after Friday's key reversal. Is a top finally in? Lean hogs continue lower but is a low close? Corn and soybeans surge to new highs on inflationary buying and hopes about the China meeting.
John Heinberg, Total Farm Marketing
Jim McCormick, AgMarket.Net
Scott talks about new highs in fed and feeder cattle futures and cash. As packers talk kill cuts. Hogs fall on pseudorabies in Iowa, corn and new crop soybeans make new highs.
Allison Thompson, The Money Farm
Chip Nellinger, Blue Reef Agri-Marketing
Dave Chatterton, Strategic Farm Marketing
Mark Knight, Farmer's Keeper Financial
Randy Martinson, Martinson Ag
Lane Akre, Pro Farmer economist
DuWayne Bosse, Bolt Marketing
Brad Kooima, Kooima Kooima Varilek
Darren Frye, Water Street Solutions Peoria, IL
Darin Newsom, Barchart, Inc.
Sam Hudson, Cornbelt Marketing
Bryan Doherty, Total Farm Marketing
Mike Minor, Professional Ag Marketing
Hillari Mason, Pro Farmer
Joe Kooima, Kooima Kooima Varilek
Matt Bennett, AgMarket.Net
