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Plenty to discuss in the trade on Wednesday as soybeans were the upside leader, corn went with with some spread trading evident in both. Winter wheat was lower all day until a late rally off the lows left us only slightly lower. We discuss weather, GDP and plenty of funds vs fundamentals throughout the trade today with Mike Zuzolo of Global Commodity Analytics. Learn more at www.globalcommresearch.com!
Also on today's show, Jesse Allen talks with Josh Linville, Director of Fertilizer at StoneX, to get an update on the fertilizer market heading into the heart of spring planting season. We discuss price, availability and also a look at the skyrocketing natural gas market.
Soybeans are leading corn higher with some bull spreading happening between old and new crop contracts of both. Wheat markets however are under pressure today. Cattle are solid and we are watching more earnings reports hit Wall Street. Arlan Suderman of StoneX joins us to discuss today's market action.
A fairly quiet day on Tuesday throughout the ag trade as we saw mixed to lower action in grains. Corn and winter wheat especially had a pullback while the soy complex was firm. Cattle had a solid day and we saw spread trading in lean hogs. Meantime, what happened to cotton? Matt Bennett with AgMarket.net joins us to discuss the trade today.
Grain and oilseed markets are mostly mixed near midday on Tuesday as it is mostly a money flow day, according to Arlan Suderman of StoneX. He joins us to discuss the trade action including the drop in crude oil prices today and a look at the livestock trade.
On Monday, we saw the grain and oilseed markets show impressive strength. Corn and soybean oil made new contract highs as corn nears all time record highs. Wheat was our upside leader again as we watch weather risk, inflation, the war in Ukraine and more. Lean hogs also had an impressive day today. We discuss the market trade with John Heinberg of Total Farm Marketing. Learn more at www.totalfarmmarketing.com.
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We saw choppy trade on Thursday as we head into the three day holiday weekend. New contract highs were made in old and new crop corn while soybeans were mixed with old crop higher. Wheat was under selling pressure and livestock trade was mixed. Bryan Doherty of Total Farm Marketing joins us to discuss.
We are seeing fairly choppy, mixed trade today as we square positions heading to the long holiday weekend. Arlan Suderman of StoneX joins us to share his thoughts on the trade action heading towards the Easter weekend break on Thursday.
We saw grain markets start mostly lower on Wednesday before wheat led the way back higher. The day ended with moderate gains across corn, soybeans and wheat. Inflation is again the hot topic today and we discuss that in detail along with weather impacts with Mike Zuzolo of Global Commodity Analytics. Learn more at http://www.globalcommresearch.com.
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