Thursday, October 17th, 2024- Bryan Doherty
Description
Grain markets turned higher late in the day Thursday, despite continued bearish pressure from good U.S. harvest weather, South American rains and an overall negative tone to the commodities this week. Was Thursday a sign of oversold conditions or are the lows in place? We discuss that and look at livestock and dairy trade as well with Bryan Doherty from Total Farm Marketing. More online at https://www.totalfarmmarketing.com.
Cattle trade was mixed to higher in feeders on Thursday as we start to square up positions ahead of Friday's cattle on feed numbers. Can the bullishness continue in cattle or could the bottom fall out soon? We discuss that and the overall news driving the grain markets this week with Brady Huck...
Published 11/21/24
Grain markets are lower with soy the downside leader while livestock trade is mixed. We talk commodities and outside market action with Arlan Suderman, Chief Commodities Economist at StoneX, in our Midday Commentary.
Published 11/21/24