Market to Market - Market Analysis: Recent Episodes
Iowa PBS
Wheat stalls, corn struggles and cattle turns cautious, according to Kristi Van Ahn-Kjeseth in our Market Analysis segment.
Each commodity took a turn as a market leader, according to Dan Hueber in our Market Analysis segment
Weather concerns, global conflict and renewed Chinese buying are supporting grain prices. Don Roose discusses whether corn could continue climbing and how producers should approach the market.
A big sell-off in cattle with several grains and the significance of the 100 day moving averages for corn, wheat and soybeans with Naomi Blohm in our Market Analysis.
Data centers, inflation, oil and USDA reports dominate our Market Analysis with Chris Robinson and Ernie Goss.
Shawn Hackett discusses the economic and commodity markets of wheat, corn, soybeans, live cattle, feeders and hogs.
Don Roose discusses the economic and commodity markets of wheat, corn, soybeans, live cattle, feeders and hogs.
Ted Seifried, Naomi Blohm, and Matt Bennett join Paul Yeager to discuss the latest commodity market news
A WASDE report, weather in South America and the war in Ukraine all pulled on the market in different directions. For the week, the nearby wheat contract fell back $1.03, while May corn improved 8 cents. Cuts to production numbers in South America and a drought continue to support soybean prices as the May soybean contract rose 16 cents. May meal added $16.70 per ton. May cotton expanded $4.72 per hundredweight. Over in the dairy parlor, April Class III milk futures added 35 cents. The livestock sector ended on an up note. April cattle put on $1.52. April feeders added 73 cents.
The war in Ukraine has increased worldwide concerns over tight supplies of fuel, seed, fertilizer, spare parts and labor. For the week, the nearby wheat contract skyrocketed $3.49, or 40 percent, while May corn improved 99 cents. A drought that cut output and the war in Ukraine pulled the May soybean contract 76 cents higher. May meal added $17.70 per ton. May cotton shrank by $2.21 per hundred weight. Over in the dairy parlor, April Class III milk futures added $1.14. The livestock sector had another down week. April cattle shed $6.15. April feeders cut $7.50.
Yeager: The volatility of Russia's move on Ukraine gave trading limits a workout. For the week, the nearby week contract was up 56 cents or 7 percent, while may corn improved 3 cents. Soybeans rallied to 2012 highs before testing these $16 support level on improving south American weather. The May soybean contract lost 19 cents. May meal shed $3 per ton. May cotton shrank by $2.53 per hundred weight. Over in the dairy parlor, March class three milk futures fell by 45 cents. Down week in the livestock sector.
Yeager: The market seemed stuck on the treadmill of South American weather and Russian aggression. For the week, the nearby week contract was even while May corn improved 2 cents. China sent signals they're looking to reduce soy demand, but kept making purchases. The May soybean contract gained 17 cents. May meal lost eight 30 per ton. May cotton shrank by a $1.75 per hundred weight. In the dairy parlor, March class three milk future shed 31 cents. A mixed week in the livestock sector.
The arrival of moisture in the Plains and even a lower dollar took some steam out of the bull-driven grain train. For the week, the nearby wheat contract fell 20 cents while March corn dropped 16 cents. The Chinese were still buying soybeans even as the Lunar New Year celebrations took place. The March soybean contract jumped 83 cents. March meal strengthened $32.70 per ton. March cotton expanded $2.98 per hundredweight. In the dairy parlor, March Class III milk futures gained 37 cents. A higher week in the livestock sector. April cattle improved $3.78. March feeders added $6.47.
Easing tensions between Russia and the world let off the pressure valve wheat market. For the week, the nearby wheat contract increased 8 cents while March corn added 20 cents. The soy complex approached May of 2021 highs as South American production numbers moved lower. The March soybean contract jumped 56 cents. March meal strengthened $18.50 per ton. March cotton expanded $3.01 per hundredweight. In the dairy parlor, February Class III milk futures shed 33 cents. A mixed week in the livestock sector. April cattle improved $1. March feeders declined $3.67.
Yeager: A movement of troops to the border between Russia and Ukraine had the attention of the grain traders in the United States. For the week, the nearby wheat contract added 37 cents while March corn improved 20 cents. South America's changing weather patterns and predictions of crop damage created volatility in the soy complex. The March soybean contract improved 45 cents. March meal shed $12.90 per ton. March cotton expanded by 98 cents per hundred weight. Over in the dairy parlor, February Class III milk futures declined a $1.58. A mixed week in the livestock sector.
Announcer: Market to Market is everywhere you are. Subscribe to Market to Market on YouTube. Find us on the PBS video app to stream on demand and add our three podcasts on your favorite podcasting app. Yeager: Coming up on Market to Market. The buildup to major government reports receives a mild response, however, warm and wet weather in South America brought back some volatility. The conversation, Naomi Blohm, Ted Seifried, and Matthew Bennett break down the numbers.