Market Analysis
Old-crop corn are under heavy pressure again to start the week.
Pork producers are maintaining the size of the breeding herd in the face of a very uncertain financial outlook.
There is encouraging news in USDA’s June 26 Hogs and Pigs report. Listen to two experts’ commentary on the report.
As is so often the case, technical action (price changes) can predict fundamental changes in price direction market, and often does sometimes weeks in advance.
Last week’s “The Rest of the Story” ended with thinking there would be a surprise(s) in last Thursday’s report. There were surprises on all accounts: acreage of corn and soybeans as well as stocks as of March 1.
Jerry Gulke provides the rest of the story behind some of the issues in agricultural commodity markets in hopes it will provide information to help readers make better management decisions.
Clinton Griffiths talks to Arlan Suderman, chief commodities economist for INTL FCStone, about the corn market.
Darren Frye, Water Street Solutions, says it was an impressive that grains, especially the soybean complex, shook off the election results, possible tariff hikes and a sharply higher dollar.