Thursday, November 14th, 2024- Bryan Doherty, Mike Castle, Josh Linville, Mike Newland
Description
We continued the trend downward in grains on the day Thursday with more pressure in wheat, soybeans and corn as the U.S. dollar continues to surge, hitting fresh one year highs on the day. Livestock also saw pressure on Thursday in risk-off trade. We talk markets with Bryan Doherty from Total Farm Marketing as we close out Thursday's session. Find more on their website at https://www.totalfarmmarketing.com.
Also, we are joined on site in Kansas City for a conversation on the markets with Mike Castle from StoneX. Plus, we talk fertilizer markets with Josh Linville of StoneX and propane with Mike Newland from the Propane Education & Research Council.
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
Do the newly announced Brazil/China agreements on various agriculture products mean much for our markets? Will we see more impacts on wheat, currencies and more amid the escalation of tensions between Russia and Ukraine? And what is going on with feeders leading the cattle market? Mike Zuzolo...
Published 11/20/24