Market Talk

A mixed to higher day on Tuesday with support in the soy complex thanks to record soy crush numbers and a solid crude oil market. We discuss with Mike Castle from StoneX in our Midday Commentary for Tuesday, December 3rd, 2024.

Grains were mostly flat to lower as we started the week and the month off on a quiet note. Soybeans and soy products led lower on a quiet news and money flow day with the U.S. dollar spiking higher. We discuss the high dollar and South American weather impacts on the markets plus ask the question of if tariff threats are having an effect? Should we change our risk management stratgey ahead of possible tariffs? John Heinberg with Total Farm Marketing joins us to discuss. More at https://www.totalfarmmarketing.com.

As we flip over to the month of December, we see an active weather pattern continue with clipper systems and cold weather on tap. What does the cold weather mean for drought conditions and soil moisture as we roll towards winter? Eric Snodgrass with Conduit joins us to share the latest weather forecast. Find more at https://www.ag-wx.com.

We see a mixed bag of grain markets to start the week and the month of December. Mike Castle with StoneX joins us for analysis plus an update on the latest StoneX Brazil estimates, fertilizer market news and more.

We have a busy show to close out the holiday week! In Segment One, we talk fertilizer markets with Josh Linville, VP of Fertilizer at StoneX. Then in Segment Two, we look at new Rabobank report discussing the U.S. cow herd rebuild. Charlotte Talbott, Animal Agriculture Sustainability Analyst at RaboResearch joins us.

In Segment Three, we learn more about virtual fencing and the eShepherd platform from Gallagher. Sharl Liebergreen joins us to discuss. Find more online at https://am.gallagher.com/en-US/new-products/eShepherd

Then we close the show in Segment Four by learning more about BASF's updates to its grower financing program. Brady Spangenberg, BASF's Marketing Director, US Crop Protection joins us to discuss the benefits to growers in more detail.

NOTE, no program on Thursday. Happy Thanksgiving!!!

On Wednesday, we saw a fairly mixed trading session with corn and soybeans mostly firm while wheat and soyoil found heavy pressure ahead of first notice day. Livestock found more support ahead of the holiday as well on the day. We talk market action ahead of Thanksgiving, weave in currency moves and much more as Mike Zuzolo from Global Commodity Analytics joins us for our market analysis. More at https://www.globalcommresearch.com.

It's mostly pre-holiday type of trade at midday on Wednesday with some green in soybeans and meal, mixed to lower in corn, wheat and soybean oil. Meantime, we have some good money flow action in livestock. We discuss the markets with Arlan Suderman, Chief Commodities Economist at StoneX.

We saw a mixed bag of trading in the grains and oilseeds on Tuesday with wheat and soybean oil higher while corn and soybeans were mixed to lower. Talk of tariffs and pre-holiday trade seemed to be the big drives while feeder cattle found more support from the New World Screwworm issues in Mexican cattle. Hogs also had a solid technical day. We talk markets ahead of the holiday and get perspective from Matt Bennett with AgMarket.net on today's show.

Sign up for their upcoming Farming for Profit, Not Price conference this February and learn more online by visiting their website: https://www.agmarket.net

Mixed action in grains at midday Tuesday amid tariff talk from the incoming administration and pre-holiday trading. Plus, it seems there is more support in feeder cattle amid the New World Screwworm issue in Mexican cattle. Arlan Suderman from StoneX joins us to discuss in our Midday Commentary for Tuesday.

We saw a mixed day in row crops to start our holiday week while wheat, soybean oil and crude oil saw pressure. Meantime, it was a busy day in cattle futures with sharply higher trade to start and more mixed action to close the day. John Heinberg from Total Farm Marketing joins us to run through what we are seeing in the markets to kick off our Thanksgiving week of trade. Find more online at https://www.totalfarmmarketing.com.

Plus, it looks like we are set for a cold snap through much of the country this week and potential for rain/snow chances impacting some holiday travel and late season fieldwork. Eric Snodgrass with Conduit joins to discuss. More at https://www.ag-wx.com.

We see a mixed bag of market trade to start the week on Monday with pressure in wheat, soybean oil, crude oil and a volatile day in cattle trade. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for a conversation on our Midday Commentary.