Markets Now with Michelle Rook

John Heinberg, Total Farm Marketing, says grain and livestock end mostly lower with risk off selling tied to the outside markets and recessionary, tariff fears.  

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Brian Splitt, AgMarket.Net, says USDA punts on domestic and SA corn and soybean numbers in the WASDE.  Adjusts global stocks and U.S. wheat balance sheet. What is the next focal point for the markets?   

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Kent Beadle, Paradigm Futures, says corn is higher a 5th day and soybeans rebound Tuesday after the China and Canada tariff tanks soybean oil.  Meanwhile wheat sees profit taking.  Cattle are higher despite the lower stock markets, hogs mixed.  

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Ted Seifried, Zaner Ag Hedge, says a higher day except soybeans which saw pressure from risk off selling and South American harvest pressure. Wheat had a short covering rally lifting corn.  While cattle and hogs shook off the stock market meltdown with higher cash cattle supportive.  

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Brad Kooima, Kooima Kooima Varilek discusses if cattle can build on last week's higher cash and futures?  Lean hogs are breathing a sigh of relief on Mexican tariff delays but China is imposing 10% tariffs as of today.  Corn had a nice recovery but can it keep moving higher while soybeans are under pressure with the 10% China tariffs and South American harvest pressure?  

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Oliver Sloup, Blue Line Futures, says corn, cattle and hogs rallied Friday, with soybeans and wheat lower in a roller coaster week due to tariff talk.  When does the market start to stabilize?  Cattle get help from higher cash and put in an impressive week with the melt down in the stock market.  Hogs look like they're bottoming.  

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Scott Varilek, Kooima Kooima Varilek, says cattle and hogs continue to recover after tariff delays and slightly lower cash cattle trade.  So when do the markets become numb to tariff news and trade their own fundamentals?  Grains are struggling to extend gains but will they be able to recover the tariff losses.  

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Allison Thompson with The Money Farm says grain and hog futures continue the relief rally with another 30 day delay on tariffs for Canada and Mexico.  Is it just a dead cat bounce?  Cattle fall with lower cash and the melt down in the stock market. 

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Mike Minor, Professional Ag Marketing, says grain and livestock futures see a relief rally as some tariffs are walked back.  

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Jim McCormick, AgMarket.Net, expects more liquidation in the grain and hog markets on retaliation announced against U.S. tariffs, while cattle react positively.  How long will it take for the volatility to die down? 

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