Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets.
Joe says cattle fall on lower cash, higher corn and more technical selling, the same is true for hogs. Grains rally on weather and China news.
Allison says grains closed mixed pre-holiday without a weather threat or confirmation of China business. However, wheat and old crop corn posted a higher weekly close. So what's next for the markets?
Scott Varilek, Kooima Kooima Varilek
Darren says grains extend rally post reports with talk of China looking for U.S. soybeans and other products. Is this confirming a low in the markets?
Jon Scheve, Scheve Grain
Arlan breaks down the USDA reports and the positive price response in the grain markets. Can the market build on it?
Jim McCormick, AgMarket.Net
Mike explains what tanked the grain and cattle markets on Monday.
Brad Kooima, Kooima Kooima Varilek
Lane Akre, Pro Farmer
Dan says soybeans hold as China buys are just around the corner, while corn and wheat saw more fund selling. Cattle corrected, but is it just routine profit taking? Milk futures digest higher milk production.
Mike Minor, Professional Ag Marketing
Mike North, Ever.Ag says corn and soybeans were testing support on Monday on weather. Cattle made new highs for the move with higher cash and a bullish COF report. Milk futures will continue to see headwinds from higher production.
Mark talks about the risk off day in grains on pre-holiday profit taking and a lack of bullish news. Cattle fall pre-report and cash.
Randy Martinson, Martinson Ag
Vince Boddicker, Farmers Trading Company says grains bounce on talk China is looking for bids. Could higher closes confirm lows in the grain markets? Cattle and hogs mostly higher.
Kevin Duling, KD Investors, says grains put in nice reversals. So are lows forming? Cattle have a strong technical day with higher equities, firming cash trade.
Brad Kooima, KKV Trading
Jim discusses if funds are done pushing grains lower. While cattle correct with lower cash and with the closure of a JBS Pennsylvania beef plant.
Grain markets end mostly lower on weather and no bullish news in the WASDE, while cotton climbs. Cattle extend gains, but can the market make new highs?
Brian Splitt, AgMarket.Net
Dave says corn and wheat bounce as funds take a break from selling ahead of the WASDE, while soybeans were still under pressure. Cattle reverse and end lower on profit taking after the NWS rally, hogs make six month lows.
DuWayne Bosse, Bolt Marketing
Randy Martinson says grains were lower and made new lows for the move as funds liquidated and on weather. Cattle saw profit taking on NWS concerns, while hogs scored a key reversal higher.
Mark Knight, Farmers Keeper Financial
Garrett Toay says grains fall on fund selling and divorce from crude oil. Cattle recover and fade another NWS case, while hogs make 6 month lows.
Scott Varilek, Kooima Kooima Varilek says cattle bounce Monday, fading another NWS case 31 miles from the U.S. border. Hogs try to bounce, with corn making new lows.
Matt discusses what caused the risk off selling across the grain and livestock markets on Friday and for the week. Will the markets recover in a new month?
Brad says cattle crash with a NWS case 52 miles from Texas and with poor technicals. Hogs continue lower. Grains mostly lower with crude oil.
Darren Frye Water Street Solutions says corn, soybeans and cotton rally on talk of China tariff cuts, amid gyrations in crude oil on a possible cease fire. Cattle hogs failed to extend rallies.
Chuck talks about the lower day in corn and wheat tied to war headlines. How much more will funds liquidate? Soybeans hold, with a nice rally in cattle and hogs.
DuWayne Bosse, Bolt Marketing talks about the pressure in corn and wheat as they remove war premium, while soybeans are holding. Cattle are seeing a nice rally with higher boxed beef values.
Alan Brugler discusses the lower day in grains removing weather and war premium. If the Iran war is over will funds liquidate? Cattle digest the bearish Cattle on Feed, so are funds done liquidating?
