Markets Now with Michelle Rook

Cattle fade a lower open and bearish COF report to end higher with strong cash and weather both supportive.  Hogs reacted to a bearish USDA report with big upfront supplies. Grains all higher on EOY trade and demand news and/or China talk. Scott Varilek, Kooima Kooima Varilek, has more.  See omnystudio.com/listener for privacy information.

Cattle open lower with a negative reaction to the COF report.  Was it really that bearish and will weather and higher cash trump it?  Hogs react to USDA numbers with a slightly larger inventory.  Grains open higher then turn mixed assessing weekend rains in Brazil and seeing end of year positioning.  Brad Kooima, Kooima Kooima Varilek, has more.   See omnystudio.com/listener for privacy information.

Grains close mostly higher Friday but were down for the week on technical selling and with more favorable weather in Brazil and U.S. winter wheat areas.  Markets will start next week assessing rains in Brazil.  Livestock will react to Friday's USDA reports which were friendly for hogs and neutral to slightly bearish for cattle with a higher-than-expected placements figure.  Don Roose, U.S. Commodities has details. See omnystudio.com/listener for privacy information.

What is really going on with the weather and crop conditions in Brazil as forecasted rains seem to trump continued lower crop estimates?  Will it take a sub 150 mmt soybean crop for the market to care?  Darren Frye, Water Street Solutions has the answers.See omnystudio.com/listener for privacy information.

Grain and livestock chop ahead of the holiday, with end of year positioning and profit taking.  Cattle mixed and ignore stronger cash as livestock gear up for USDA reports.  DuWayne Bosse, Bolt Marketing, has details.   See omnystudio.com/listener for privacy information.

Corn and wheat see corrective buying.  Soybean slide with improved Brazil weather despite lower estimates.  Cattle consolidated with caution ahead of the COF report, despite some higher Northern cash trade. Hogs saw bull spreading with strong weekly exports, awaiting the Hogs and Pigs data.  Jeff Hoogendoorn, with Professional Ag Marketing, has details.See omnystudio.com/listener for privacy information.