Louise Gartner of Spectrum Commodities gives a daily analysis of the wheat and cattle futures and cash markets. She is a 30-year veteran of the commodities markets and owner of Spectrum Commodities, an Introducing Broker located near Cincinnati, OH. Raised on a farm/ranch in eastern Montana, she comes from a background of production agriculture.
Futures higher; cash firm; boxed beef higher; cash feeders slightly lower; weekly cash summary; seasonal tendencies.
Kansas City wheat loses to Chicago on hints of rain for western plains; plantings and stock reports today expected to drive price action; talk of US leaving Iran war pushes equity futures higher.
Futures surge back to resistance on Friday; cash steady; boxed beef mixed on improving volume; cash feeders lower.
Wheat continued higher while corn and beans weakened after EPA bio-fuel announcement; plantings and stocks reports tomorrow will drive price action; hints of rains again in the southern plains; Iran war still creating major uncertainty in most markets.
Futures firm; cash steady; boxed beef lower on light volume; cash feeders higher; solid export sales; dry conditions expected to slow demand for grazing calves.
Kansas City wheat leads grains complex higher as dry conditions linger; high hopes for bullish news on Ag Appreciation Day; solid export sales; China investigating US trade; shipping costs soaring.
Futures fade after firm open; cash higher; choice boxed beef collapses; cash feeders slightly lower.
Most grain markets see outside day higher; rain forecasts removed from western plains; Iran war looks to extend; plantings estimates.
Futures quiet; cash firm; boxed beef higher; cash feeders higher; seasonal trend warning signs.
Grains mixed on war and weather uncertainty; EPA to allow E-15 waiver for summer; railroad reports show US fertilizer shipments higher than last year but costs also higher; Russia and China halt fertilizer exports.
Futures firm; cash higher; boxed beef mixed; cash feeders lower; weekly cash summary; more analysis of Cattle-on-Feed report.