Market Talk Jesse Allen

It was Fed Day on Wednesday as the Federal Reserve held benchmark interest rates steady and gave no indication of when they could start to cut rates. That news, coupled with more bird flu headlines impacting cattle and general volatility surrounding the start of a month led to a mixed trade on the day.
We discuss charts, the poor end of April for wheat, headline news and more on today's show with Mike Zuzolo from Global Commodity Analytics. Learn more at https://www.globalcommresearch.com.
Also at the end of the show, we talk the importance of having a marketing plan with farmer and grain market analyst Paula Sonnabend from CLUTCH in Segment Four.

This conversation originally recorded on Wednesday, April 24th, 2024
Jesse Allen is joined by Jim Roemer from Best Weather Inc. to discuss the markets and some of the weather impacts. They discuss grains along with some of the volatile outside markets like cocoa and coffee. Learn more online at https://www.bestweatherinc.com.
 

It was a "risk-off" day across grains, livestock, energies, metals and stocks on the day Tuesday as we wrapped up the month of April. We discuss the need to have your orders working, chart action and more with Brian Splitt from AgMarket.net on today's show. More at https://www.agmarket.net.

We saw a mixed day in the markets on Monday with soybeans and meal trying to find some strength, profit taking in Chicago wheat and corn stuck in between again. First notice day is on Tuesday, it's Fed week and much more. John Heinberg from Total Farm Marketing stops by to give us perspective on the markets. More at https://www.totalfarmmarketing.com.
Eric Snodgrass with Nutrien Ag Solutions joins in our Weekly Weather Update to recap the devastating tornadoes we saw in parts of the Plains and Midwest over the weekend. We also discuss the rain that has come from these storms and the active pattern that remains moving forward. Learn more online at https://www.ag-wx.com.

Markets are mixed at midday with Chicago wheat down sharply while KC and Minneapolis wheat is quietly mixed. We discuss grains, livestock and Fed week on Wall Street with Arlan Suderman from StoneX in our Midday Commentary.

We saw the wheat markets continue their upward trend on Friday with corn and soybeans slightly lower and all grains off session highs by the close. Did May options expiration play a role in the late session fade? Should you be looking out to deferred contracts to make some forward sales? Kristi Van Ahn-Kjeseth with Van Ahn & Company believes so and she joins us to talk about that and more on the show. Find more at https://www.vanahnco.com.
Also, we discuss the "Power of the Shovel" and why it's important for early season scouting and crop establishment with AgriGold agronomist in southern Indiana, Steven Heightchew. Learn more online at https://www.agrigold.com.