Thursday’s grain and oilseed trade was full of strong, upside moves across the futures complex. Add in the moves in crude oil and we had a mostly “risk-on” trading day across commodities. Bryan Doherty with Total Farm Marketing joins us to discuss the technical picture and provide some perspective on cattle and dairy markets to close out the week. Learn more online at https://www.totalfarmmarketing.com.
Also, there’s been plenty of outside noise in this week’s cattle market. President Trump’s midweek comments on cattle gave both the market and producers a boost of energy. On this week’s Cattle Chatter Brad Kooima with Kooima Kooima Varilek breaks down the pressuring factors facing the industry. Cash continues to hold strong despite the volatility, and as Kooima reminds, “we can’t change supply in the next 150 days.” A bit of a Thursday bounce added optimism, but long-term speculators are questioning how much pressure Brazil, tariffs, and the ongoing border closure with Mexico will continue to weigh on market movement.
