Midday Commentary 11/27/24- Arlan Suderman
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It's mostly pre-holiday type of trade at midday on Wednesday with some green in soybeans and meal, mixed to lower in corn, wheat and soybean oil. Meantime, we have some good money flow action in livestock. We discuss the markets with Arlan Suderman, Chief Commodities Economist at StoneX.
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NOTE, no program on Thursday. Happy Thanksgiving!!! On Wednesday, we saw a fairly mixed trading session with corn and soybeans mostly firm while wheat and soyoil found heavy pressure ahead of first notice day. Livestock found more support ahead of the holiday as well on the day. We talk market...
Published 11/27/24
Published 11/27/24
We saw a mixed bag of trading in the grains and oilseeds on Tuesday with wheat and soybean oil higher while corn and soybeans were mixed to lower. Talk of tariffs and pre-holiday trade seemed to be the big drives while feeder cattle found more support from the New World Screwworm issues in...
Published 11/26/24