Markets Articles
Traders Watching to See How Heat and Dryness Impacts U.S. Crops
Published June 21, 2021
U.S. Commodities President Don Roose says this continues to be very much a weather market with traders eyeing the latest forecast. "Moisture is needed immediately in the dry areas as drought continues to expand. It's paramount the weather starts to…Aircraft Deal Influences Wheat Trade
Published June 21, 2021
The United States and the United Kingdom have agreed to a five-year moratorium on regulatory tariffs for aircraft. That follows a similar deal between the U.S. and the European Union. This ends the retaliatory tariffs on non-durum U.S. wheat imports.…A More Fundamental Grain Trade
Published June 18, 2021
Global Commodity Analytics and Consulting President Mike Zuzolo thinks traders are getting back to more of a fundamental type trade following Thursday’s fund led blowout in the grains. "We're actually coming back around, starting to revisit that." The pork and…Commodity Markets Suffer a Total Collapse Thursday
Published June 18, 2021
Corn was limit down on the first six contracts listed, July 2021 through July 2022. For soybeans, it was only the fourth time in history that prices dropped over $1. Advance Trading Risk Management Advisor Tommy Grisafi says soybeans were…A Risk Off Trading Day
Published June 17, 2021
Grain traders taking money off the table in a general risk-off trading day. Van Ahn and Company market analyst Kristi Van Ahn says the cooler temperatures and rain in the forecast were the catalysts. "There's a lot of ifs and…An Atypical Cattle Sale Season
Published June 14, 2021
Livestock auctions in North Dakota typically don’t sell an overwhelming amount of cattle this time of the year. However, drought is forcing producers to move some of their cattle. Yesterday’s sale at Napoleon, North Dakota had 3,700 head, with cow/calf…June WASDE Report Had Little Market Impact
Published June 14, 2021
In the June World Agriculture Supply and Demand Estimates report, the USDA lowered the old crop U.S. corn carryout by 150 million bushels on increased ethanol and export demand in the June supply and demand report. USDA made no change…What’s Hot, What’s Not in the Markets
Published June 14, 2021
The forecast calls for a change in the weather pattern. That news, plus, extreme volatility are driving the markets. Advance Trading Risk Management Advisor Tommy Grisafi has more details in this week's edition of What's Hot, What's Not in the…Fed Meeting On the Schedule This Week
Published June 14, 2021
The Federal Open Market Committee meets this week. The central bank could adjust the forecast for interest rates and inflation, but not take any immediate action. The Fed’s formal policy statement and its economic forecast will be posted Wednesday afternoon.