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Grain markets turned sharply lower on Tuesday amid a wetter forecast for the northwestern Corn Belt as we come out of the holiday weekend. Matt Bennett with AgMarket.net joins us to discuss the market moves and where we go from here.
Grain markets are down hard today as the weather forecast has turned wetter the next 7-10 days in the northwestern Corn Belt. Arlan Suderman of StoneX gives us his analysis on the market moves today and reminds us to put this all into perspective, however. (Courtesy of the American Ag Network)
As most of us celebrate the 4th of July holiday on Monday, our host Jesse Allen takes a look at some noteworthy stories in agriculture today. Those include drought monitoring with AI, a look at potential cash rental rate increases this fall and drought impacts on livestock.
We'll be back with another full episode on Tuesday.
Heading into the long holiday weekend, grain markets came under pressure led by wheat on Friday. That pulled the entire grain complex lower with more profit taking. We also look at weather forecasts that could bring some rain to dry areas of the northwestern Corn Belt by early next week. We talk the trade, strategy and more with Ted Seifried of Zaner Ag Hedge on today's show.
Then, we discuss the overall ag economy as we get halfway through the year, the market volatility and more with Curt Covington, Senior Director of Institutional Credit and commodities expert at AgAmerica.
Today's show brought to you by Growmark/FS; www.growmark.com!
Pressure in wheat markets is taking corn lower today while soybeans try to hang on to positive numbers before the holiday weekend. Hogs are weaker as well on more rumors in the trade. Arlan Suderman of StoneX has more in our Midday Commentary.
Grain markets finished well off session highs on Thursday amid profit taking after the bullish run higher. Cattle had a nice finish higher with the drop in grains. John Heinberg joins to discuss the day's action in the trade.
Then, we have bonus content with Sam Knott of Atticus, LLC discussing the current crop conditions and supply shortages in farm country for different crop protection products.
Today's show brought to you by Growmark/FS; www.growmark.com!
After an explosive day higher on Wednesday, grains continued that strength through the overnight into the early morning trade. Now, we are seeing a bit of profit taking which doesn't surprise Arlan Suderman of StoneX. Hear his thoughts on today's trade in our Midday Commentary (courtesy of the American Ag Network).
Lower than expected numbers in the USDA Stocks and Acreage Reports sent grain markets soaring after the release of the reports. We breakdown all the numbers and get analysis from Mike Zuzolo of Global Commodity Analytics on today's show. Learn more about Mike and his company at www.globalcommresearch.com. Today's show brought to you by Growmark/FS; www.growmark.com!
Grains have exploded higher after the initial release of the USDA Stocks and Acreage Reports at 11am CT. There were some surprises to discuss. Arlan Suderman of StoneX gives us the rundown.
Grain trade was fairly quiet on Tuesday after crop ratings were steady to lower and the USDA Stocks and Acreage reports are looming ahead on Wednesday. Spring wheat saw some profit taking it appears and livestock were mixed to higher. Jim McCormick with AgMarket.net joins us today to discuss Tuesday's trade action.
Also, after the rain events of the past week in the central and eastern Corn Belt, we find out the latest forecasts and discuss the rebuilding heat in the northern and western Corn Belt with Eric Snodgrass of Nutrien Ag Solutions. We also discuss frost in Brazil, the tropics and more. Sign up for Eric's daily newsletter here: https://info.nutrien.com/snodgrass_weather
Today's show brought to you by Growmark/FS; www.growmark.com!
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