I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New contract highs in Live and Feeder Cattle on Wednesday. Feeders are getting close to the top end of a trading channel and there is a Cattle on Feed report tomorrow afternoon. Both markets show no signs of slowing. Lean Hogs …
Wheat Trades 7 1/4 cents Higher to 505 3/4 on Wednesday
Soybeans– Day 2 of the Pro Farmer crop tour through, Indiana and Illinois, found only one field with notable disease. Pro Farmer mentioned that Indiana’s moisture ratings are the lowest since 2014. The USDA is expecting a record yield in Indiana, more rain will be needed for that to materialize. In Nebraska, a number of crop diseases were found, most …
5 Minutes on the Markets – 08/20/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle closed higher on Tuesday. Nearby Live contracts failed to set new contract highs, but back months in Live Cattle and all of the Feeder Cattle contract did. The trend is still up, fundamentals remain bullish, but …
Day 1 of the Pro Farmer Tour Was Completed Today, Soybeans -8 cents & Corn -3 cents
Soybeans– Soybeans were 8 cents lower during today’s session after trading unchanged overnight. The Pro Farmer crop tour began today. Today’s tour results took 14 samples with an average of 1421 pods in a 3×3 square, with a high of 2,272 pods and a low of 702 pods. The average of 1421 pods was 190 more pods than 2024. The …
5 Minutes on the Markets – 08/19/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Feeder Cattle closed at new contract highs on Monday and settled above the 350.000 mark. Both of those seemed unlikely, just a few short weeks ago. Live Cattle closed higher, as well, but still have room to move higher before setting …
Corn Was Slightly Higher on Monday, while Soybeans Traded Slightly Lower
Soybeans– Soybeans were down 2 cents during today’s trading session. The Pro Farmer crop tour begins this week. The market will play close attention to see how the fields look compared to the USDA’s estimates. With China and the US pushing trade talks out into the future, any bullish news regarding China purchases will have to wait. Weather forecasts show …
5 Minutes on the Markets – 08/18/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle futures launched higher on Friday, following the press conference from the Ag Secretary and the Gov of TX. The gist of the story is that the US is going to spend a bunch of money on Screwworm mitigation facilities, with …
The Grains Traded Higher on Friday, Led by Soybeans
Soybeans– After yesterday’s selloff soybeans rallied hard to end the week. Soybeans were higher due to forecasts for late August calling for drier than normal conditions for late August. Exports for new crop soybeans for the ending August 7, came in at 1,133,006 tons. China is still buying soybeans from South America, which likely gives the US a very short …
5 Minutes on the Markets – 08/15/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle prices faltered on Thursday, with nearby Feeders dropping over 5.00 and Live Cattle shedding over 2.50. Rumors about what the USDA will announce today at 11:30, in regards to screwworm, are flying around. No one is certain what the situation …
Corn Moves Off the Low of the Day, Closing Positive on Thursday
Soybeans– Soybeans sold off on Thursday, with some profit taking place after a rally earlier in the week. The US has a price advantage over Brazil do to a weaker dollar, but China keeps buying from South America. CONAB estimated Brazil’s production at 169.65 mt, below the previous estimate at 170.5. Argentina’s crop was estimated at 50.2 mt, up 2%. …