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Rural Radio Network - The Final Bell
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Grain markets finished Thursday lower, with soybeans leading the decline as traders looked ahead to Friday’s USDA reports. Corn held just above $5, while wheat also slipped. Export demand, harvest pressure and expectations for the WASDE report remained key market factors.
Mike Zuzolo with Global Commodity Analytics breaks down today’s trade on Final Bell.
Grains and livestock markets closed lower Wednesday as traders positioned ahead of Friday’s WASDE report. Corn and soybeans gave back much of Tuesday’s gains, while wheat posted sharp losses. Cattle and hogs also finished lower with limited fundamental support.
Arlan Suderman with StoneX Financial recaps today’s trade on Final Bell.
Grain and livestock futures finished sharply higher on Tuesday.
Sam Hudson of Cornbelt Marekting recaps the day's trade.
Despite trading about a dime higher during the day, soybeans failed to sustain its gains and finished 2-3 cents higher.
Wheat led the grains higher and corn finished just above unchanged.
Cattle futures finished lower Monday, while lean hogs were mostly higher.
Darin Newsom of Barchart breaks down Monday's factors.
Grains were lower with pressure lingering from the stocks report and disappointment in the latest trade summit with China.
The underlying issues within the grain markets suggest that higher prices will return.
Cattle demand has waned, and the packers are changing buying strategies to maintain margins.
Shawn Hackett with Hackett Financial Advisors recaps today's trade.
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