Grain and livestock markets finished mixed on Friday as we closed out a busy week of headlines in the market trade. Ted Seifried of Zaner Ag Hedge joins Market Talk to unpack the U.S.-China meeting between Presidents Trump and Xi, why he thinks the grain market actually needs more news (not less), the $17 billion ag commitment traders are still waiting to see, why record-long funds could be vulnerable to a “buy the rumor, sell the fact” reversal, how Fed rate expectations and the 10-year yield are capping the rally, and why the cattle market has whipsawed through gap-and-reversal days all week.
Meantime, Joe Kooima of Kooima Kooima Varilek in Sioux Center, Iowa joins Market Talk to break down a wild week in the cattle complex, a two-tiered cash market between the north and south, a technically bullish setup building in feeders, a still-struggling hog market, and what the latest headlines out of the U.S.-China trade talks mean for grains.
***AUDIO ONLY*** Susan Littlefield joins the show and shares a Friday market conversation with Jeff Peterson from Heartland Farm Partners to close out the program in Segment Four.
