In What’s Hot, What’s Not in the Markets, Martinson Ag Risk Management President Randy Martinson says the livestock sector is hot. “We’re not putting in big weekly gains, but this market is consistent. In the last week and the week before, we saw decent gains in the market,” says Martinson. “We continue to hear about tight supplies. As far as the cattle market is concerned, we’ve placed a lot of feeders into feedlots early due to the drought in the Southern Plains.” The grain markets aren’t hot. “If you look at how markets performed after Friday’s USDA reports and now, the markets are under extreme pressure. Weather looks benign as we look ahead at the final weeks of August.” Hear more.
