Market volatility is picking up again, and in this week’s What’s Hot, What’s Not segment, Martinson Ag Risk Management President Randy Martinson breaks down where the momentum is shifting. Cattle continues to lead the way, with live cattle pushing to new all-time highs, while feeder cattle test recent highs. On the flip side, Martinson points to weakness in lean hogs, along with pressure seen recently in corn, soybeans, and wheat, as funds trimmed positions. But that tone may be shifting again. With tensions in the Middle East flaring and crude oil moving higher, markets are reacting quickly. Martinson says that could bring renewed support to wheat on Southern Plains dryness concerns, while higher energy prices may start to weigh on livestock. Click to listen to this week’s report.
