We saw wheat trade enter some overbought territory and pull back on Tuesday with Chicago and KC the downside leader in grains. New, expanded tariffs on Chinese goods by the Biden Administration also seemed to weigh on the grain markets somewhat along with CONAB raising their Brazilian soybean estimate about 1 million metric tons.
Meantime, the livestock trade saw a strong surge higher led by cattle on Tuesday and we got more hot inflation data out as well. Tyler Schau with AgMarket.net joins us to discuss the markets on today's show. Learn more at https://www.agmarket.net.
Thursday, May 30th, 2024- Bryan Doherty
Midday Commentary 5/30/24- Ryan Moe
Wednesday, May 29th, 2024- Mike Zuzolo and Jamie Leifker
Midday Commentary 5/29/24- Arlan Suderman
Tuesday, May 28th, 2024- Jim McCormick and Eric Snodgrass
Midday Commentary 5/28/24- Mike Castle
Friday, May 24th, 2024- Bryan Irey
Midday Commentary 5/24/24- Arlan Suderman
Thursday, May 23rd, 2024- Bryan Doherty and Rebekah Muench
Midday Commentary 5/23/24- Arlan Suderman
Wednesday, May 22nd, 2024- Mike Zuzolo
Midday Commentary 5/22/24- Arlan Suderman
Tuesday, May 21st, 2024- Jacob Burks
Midday Commentary 5/21/24- Arlan Suderman
Monday, May 20th, 2024- David Widmar and Eric Snodgrass
Midday Commentary 5/20/24- Arlan Suderman
Friday, May 17th, 2024- Ted Seifried and Jeff French
Midday Commentary 5/17/24- Arlan Suderman
Thursday, May 16th, 2024- Bryan Doherty
Midday Commentary 5/16/24- Arlan Suderman
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