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Favorable planting weather continues to pressure grain trade. Jim McCormick with AgMarket.net recapped the day's trade. Topics: - Favorable weather and long range forecast - Weather premiums - Trade discussions - Willingness to pay for beef
What led to the grain markets being under pressure on Tuesday? Was it weather and planting progress? First notice day in grains for May contracts? What about the rumors of trade deals with countries like India and Japan? A lot of questions to explore on today's show with Jim McCormick from AgMarket.net. Also, we discuss the state of rural broadband and efforts to expand access along with the growth of data centers and the opportunity for rural communities. Jeff Johnston is lead digital infrastructure economist in CoBank's Knowledge Exchange research division. He joins us for a conversation.
Corn and wheat were under pressure today, while soybeans got a modest boost. In livestock trade, most contracts in live cattle, feeder cattle and lean hogs settled over $2 higher. Jim McCormick of AgMarket.net joins Final Bell host Chad Moyer to break down today's market activity. Topics: - Rangebound soybeans - Soy oil/meal fall off - Corn technicals vs. plantings - Cattle chase cash - Attitude of general economy - Keys to risk management
On Thursday's AOA, powered by Cenex, we start the show with a look at what's moving in the markets as we close out a holiday shortened trading week with Jim McCormick from AgMarket.net. In Segment Two, we take a look at the weather and get some thoughts on an active pattern over the holiday and longer range forecast thoughts with Eric Snodgrass, Senior Science Fellow from Nutrien Ag Solutions. In Segment Three, we get an update on New World Screwworm issues, discuss trade/tariffs and potential ag labor challenges with Ethan Lane, Senior Vice President of Government Affairs with the National Cattlemen's Beef Association. Then we close the show in Segment Four with a look at latest ag equipment sales numbers with Curt Blades, Senior Vice President at the Association of Equipment Manufacturers.
Jim McCormick, AgMarket.Net, talks about the lower day in grain, livestock and outside market in reaction to the announced tariffs. How long will it take for the markets to price this in and go back to trading their own fundamentals? See omnystudio.com/listener for privacy information.
Tariffs are in place Off the lows Some technical buying State of the Union How livestock reacting to tariffs Weather will soon creep back in
Jim McCormick, AgMarket.Net, expects more liquidation in the grain and hog markets on retaliation announced against U.S. tariffs, while cattle react positively. How long will it take for the volatility to die down? See omnystudio.com/listener for privacy information.
Monday on AOA, we are spending time with Nutrien Ag Solutions during Commodity Classic 2025 in Denver, CO! In Segment One, we hear from Ron Calhoun, Senior Manager, Plant Nutrition, Loveland Products as we catch up more on their new N-FINITY product launch. In Segment Two, we talk markets as we start the month of March with Jim McCormick from AgMarket.net. Next up in Segment Three, we sit down for a conversation with Casey McDaniel, VP of Loveland Products. Then we close the show in Segment Four with John Maman, Sr. Director, Business Development, Nutrien Financial, as we discuss the ag economy outlook for 2025 and how to manage through the down cycle.
Grain market broke early Trade is watching the tariff talks Outlook forum later this week Favorable weather in South America Soon to end March sees selling increase Tech support in the trade-with the March beans March 1 tariff deadline China shy's away from U.S. beans Cattle have some fund buying
Jim McCormick of AgMarket.net joins Mark Magnuson for today's opening market podcast.
Our coverage at Top Producer Summit in wintery Kansas City continues, sponsored by CliftonLarsonAllen (CLA). Guests include Matt Clark, senior rural economic analyst at TerrainAg, and Jim McCormick, co-founder of AgMarket.net. We also have a conversation with Kelly Jackson Hardy of CLA.See omnystudio.com/listener for privacy information.
In this episode of “The Ag View Pitch,” Chris talks with Jim McCormick of AgMarket.Net about the funds' long position, especially in the corn market, potential threats of the Trump tariffs, and the recent rally and corn impact. They also discuss the likelihood that oil prices will likely stay steady and practical considerations for farmers to think about as they navigate the commodity price roller coaster in the weeks and months ahead.
Breakdown on the WASDE Global numbers from WASDE Weather in S.A. How is planting/harvest going Trump trade/tariff wars underway Beans can they be pushing a red flag? Fund positions in today's trade Commercial selling in the cattle Lower cash market feels today
PanelistsMarch 4, go.illinois.edu/AllDayAgOutlook - Aaron Curtis, MID-CO - Greg Johnson, TotalFarmMarketing.com - Jim McCormick, AgMarket.net ★ Support this podcast ★
Jim McCormick of AgMarket.net joins Mark Magnuson for today's opening market podcast.
Plenty of volatility in the markets on Monday with all the headline news surrounding tariffs and more. We saw grains rally to finish higher while livestock took it on the chin. We are at the AgMarket.net Farming for Profit, Not Price conference in Nashville, TN and sit down for market thoughts and perspective with Jim McCormick and Brian Splitt from AgMarket.net on today's show. Learn more at https://www.agmarket.net. As we get into the month of February, will we see enough of a pattern shift to make a difference on some of the Midwest and Plains drought concerns for 2025? We dive into things with Eric Snodgrass from Conduit for our Weekly Weather Update, live from the AgMarket.net Conference in Nashville, TN. Learn more online at https://www.ag-wx.com. Plus, we get thoughts on tariff impacts on fertilizer with Corey Rosenbusch from The Fertilizer Institute at the end of the show.
Jim McCormick of AgMarket.net joins Mark Magnuson for today's opening market podcast.
We saw a nice turnaround in grain markets on the day Tuesday while the cattle complex continued to stay red hot. Jim McCormick with AgMarket.net joins the show today for price perspective, thoughts on potential tariff volatility and much more. Find more details online at https://www.agmarket.net.
Market broke early to fight its way back How much producer selling is out there? Friday USDA report outlook Longer range weather maps have rain in Argentina Debate on tariffs in new administration Dollar trade effects on grain & livestock Port strike concerns? Strong sale barn push ISIS raids-what will happen to processing?
Fantasy championships are over, but the NFL drama is just beginning! Week 18 will feature some meaningless games, but it'll also have a few bangers that will help sort out pro football's playoff seeding. Harris and Jim McCormick preview Week 18 on today's show, and make some picks (on some of the games) versus the spread! Sponsor - www.DraftKings.com code HARRISTUBE to make one $5 bet and get $150 in bonus bets instantly if your bet wins
Grain markets closed out 2024 on a positive note with strong price action in soybeans Tuesday, which spilled over to corn and wheat trade as well. Cattle futures found some good price support but hogs struggled. All of this while the U.S. dollar is ending the year near two-year highs. Jim McCormick with AgMarket.net joins us to wrap up 2024's market trade on today's show. Find more information online and signup for their upcoming Nashville conference at https://www.agmarket.net.
Chris and Jim McCormick preview all the games from Week 16 in the NFL, and make picks against the point spread, plus they'll answer some fantasy football questions in Five Minutes Of Fantasy! Big fun! Thanks for watching/listening! Sponsor - www.DraftKings.com and use the code HARRISTUBE and you can make one $5 bet, and if it hits you'll get $150 on bonus bets
Brazil currency Government bail out South American weather End of year, end of quarter FED tomorrow COF on Friday Who will blink first on the cash?
Commodities, livestock and outside markets were mostly lower across the board on Tuesday. What could a rumored $10 billion in farm aid, including in a stopgap continuing resolution by Congress, mean for farm country and the markets? We discuss that and talk market action in grains and livestock with Jim McCormick from AgMarket.net. Find more and sign up for their conference in Nashville at https://www.agmarket.net. Also, the Swine Health Information Center and the Foundation for Food & Agriculture Research have recently funded six new projects to enhance US prevention, preparedness, mitigation and response capabilities for Japanese encephalitis virus (JEV). We discuss that and talk about other swine diseases around the world and here at home with Dr. Megan Niederwerder from SHIC on today's program.
Jim McCormick with AgMarket.Net visits with Chris in this week's episode. Jim revisits last week's USDA report. He talks through the positive numbers for corn while at the same time recognizing the potential upper limits for price action. The conversation goes on to include discussions around ethanol, South American weather, and the Trump administrations potential impact from tariffs. They wrap up the conversation discussing the potential impact of the 2025 acre mix as farmers navigate through decisions on crop rotation.
Panelists - Jim McCormick, AgMarket.net - Chuck Shelby, RMCommodities.com - Mike Zuzolo, GlobalCommResearch.com ★ Support this podcast ★
Chris and Jim McCormick preview Week 15 in the NFL from a football perspective, and then also make picks against the point spread! Plus we also answer livestream questions during Five Minutes Of Fantasy! If you'd like to support our YouTube show, you can download the DraftKings app and sign up using the code HARRISTUBE! Thank you! (Then make one $5 bet and if you win the bet, you'll get $150 in bonus bets put into your account instantly.)
Jim McCormick of AgMarket.net joins Mark Magnuson for today's midday market podcast.
It's Harris After Dark with Jim McCormick and Chris Harris, talking through all the Week 14 games: sorting out what we've seen from the teams, predicting how the upcoming action will go, and making picks against the spread! Sponsor - www.DraftKings.com code HARRISTUBE, make one $5 bet and if you win, you'll get $150 in bonus bets put into your account instantly.
Is China trying to make a tariff trade deal? Holiday trade continues Buying support at lower range for beans South American weather still looks good 45Z got kicked down the road December basis for corn & beans? Tyson/Cargill and the cattle market
It's that time of year when we start putting our YouTube livestream into the podcast feed! As the NFL playoff races heat up and we have a better idea than ever of *who* these teams really are -- let's chat about the games! Harris and Jim McCormick will go through the entire Week 13 slate and discuss the things they'll be paying most attention to, tell you some corny jokes, do funny voices, and also make picks against the spread. We think you'll have fun! It's a bonus episode for the holidays! Sponsor - www.DraftKings.com code HARRISTUBE to make one $5 bet and get $150 in bonus bets if you get that bet right! Follow our show on Bluesky - https://bsky.app/profile/harrisfootball.com Follow on Twitter - @HarrisFootball Become a patron - www.patreon.com/harrisfootball Become a Person of the Book - https://www.amazon.com/Christopher-Harris/e/B007V3P4KK Watch the YouTube channel - www.youtube.com/harrisfootball Harris Football Yacht Club Dictionary - https://harrisfootball.github.io/dictionary.html Join the Harris Football Subreddit - www.reddit.com/r/HarrisFootball Play in our Week 13 DraftKings Contest - https://www.draftkings.com/draft/contest/170821255
Jim McCormick of AgMarket.net joins Mark Magnuson for today's opening market podcast.
Holiday trade mode underway EU wheat down Risk off? What is going on in gold & silver? Dollar down but off the lows a few weeks ago Inflationary trade going on? CFTC Report Volatility in the cattle market
Jim McCormick of AgMarket.net joins Mark Magnuson for today's opening market podcast.
Prior to Babe Ruth and Judge Landis, perhaps no person was as synonymous with baseball as Ban Johnson, the visionary who founded the American League, outfought the National League, and ran the National Baseball Commission until the Black Sox scandal. But his tenure was not always a smooth one, and he was not well liked. So much so that 104 years ago this week, the Yankees, Red Sox, and White Sox all tried to abandon the AL and form a super Senior Circuit with the NL teams. While that plan was thwarted, it signalled the beginning of the end for Johnson's reign, which Mike and Bill look back at this week. Plus, happy birthday to Tommy Leach and Jim McCormick! And farewell to Bob Blaylock and Wayne Graham.
This week, the markets reflect an election-season tone, with overall quiet trade as investors and traders look for clearer signals. Key events loom ahead, with the Federal Reserve meeting on Wednesday expected to set the tone for interest rates, while Friday's WASDE report will provide crucial insights for agricultural markets. Meanwhile, discussions with China could impact trade relations and market sentiment. In the cattle market, we're seeing a notable shift, potentially driven by fluctuating consumer confidence. As these factors unfold, the market remains on edge, anticipating moves that could set the stage for the remainder of the season.
Jim McCormick with AgMarket.Net visits with Chris in this week's market outlook. Jim and Chris discuss harvest results for both corn and soybeans as the season is getting closer to wrapping up. They go on to discuss 2024 stored bushels and some of the marketing scenarios to consider as we move toward the end of the year and into 2025. They continue the discussion with how different election results might affect the markets. Jim wraps up the conversation with some perspective for producers to consider over the next few months as they look at their financials for 2024 and consider what 2025 can bring to the financial table.
Grain Exports: It's been a strong week for grain exports, with demand keeping markets active. On the Nebraska Soybean Board Weekly Market Roundup, experts Jim McCormick and Jacob Burks from AgMarket.Net analyzed the volatility in grain prices, noting that upcoming election results could impact this momentum. Drought Concerns: Drought conditions are continuing to influence the market. While South America has seen some much-needed rainfall, improving crop potential, U.S. wheat markets still face issues with low moisture levels and price stagnation, leaving wheat in a challenging position. Cattle Market Risks: There's also speculation around a potential "risk-off" movement in the cattle market, which might be affected by uncertainty in both domestic and international markets as well as impending election results.
Panelists - Matt Bennett, AgMarket.net - Aaron Curtis, MID-CO.com - Jim McCormick, AgMarket.net ★ Support this podcast ★
- Jim McCormick, AgMarket.net- Frayne Olson, NDSU Extension- Mike Tannura, Tstorm.net ★ Support this podcast ★
The NOPPA crush numbers came in strong, but corn inspections were disappointing, adding pressure to the grain market. A train derailment in Mexico created additional logistical concerns, while rains in South America are improving crop conditions there. Traders are now watching to see if the Midwest will get much-needed rainfall, with ongoing concerns about river levels impacting transport. Meanwhile, the cattle market saw a drop, further contributing to the cautious tone across agricultural markets this week.
Jim McCormick with AgMarket.Net visits with Chris in this weeks episode. They begin the conversation discussing a fast paced harvest with a lack of price pressure yet to this point. However, as we get deeper into harvest, we could see eventual price pressure on top of basis pressure. Jim also talks about Fund positioning currently and some of the price threats to watch out for as we get deeper into harvest. South American weather will still be on the eyes of the marketplace. They wrap up the conversation discussing 2025 sales opportunities.
Thursday on AOA, powered by Cenex, we start the show with a look at the markets amid various global influences with Jim McCormick from AgMarket.net. In Segment Two, we get an update on the impacts of the dockworkers strike to the ag supply chain with Mike Steenhoek, Executive Director for the Soy Transportation Coalition. Next up in Segment Three, we take a look at the latest Purdue University/CME Group Ag Economy Barometer with Dr. Jim Mintert from Purdue's Center for Commercial Agriculture. Then in Segment Four, it is week two of our Sustainable Soy Update Series. We learn about Farmers for Soil Health with Neal Bredehoeft, a farmer leader who serves on the United Soybean Board's Value Alignment Committee from Missouri. Learn more online at https://www.farmersforsoilhealth.com.
Corn broke through its 100-day moving average, signaling a key technical shift in the market. Meanwhile, geopolitical tensions are rising with Iran launching missiles into Israel, adding uncertainty to global markets. Domestically, good harvest weather is helping farmers, but the focus is also on South American weather—could it be a game changer for global crop production? Crude oil has pulled back from its highs, while the U.S. is facing storage issues for soybeans. In the cattle market, feeder cattle saw a drop, raising questions again about the corn marriage.
Hurricane concerns are looming over agriculture, with potential impacts on crop quality and transportation, while tar spot worries in the Eastern Corn Belt are adding pressure to corn yields. Harvest activity is picking up across the country, but grain markets sold off this week, driven by broader macroeconomic factors like China's stimulus efforts. Crude oil prices have dropped by $2, which could benefit livestock markets as lower fuel costs ease transportation and feed expenses. There's a push for higher cash cattle prices this week, although boxed beef prices have softened, creating mixed signals for the cattle market.
Ted Seifried of Zaner Ag Hedge sits in for Chip and reviews yesterday's USDA reports with Jim McCormick of AgMarkets.net plus College Roadshow featuring Chad Fiechter, assistant professor of agricultural finance in the ag econ department at Purdue.See omnystudio.com/listener for privacy information.
Thursday on AOA, we take a look at the market action and ask Jim McCormick from AgMarket.net if the grain market "bear" is dead or just taking a vacation with this recent rally. In Segment Two, we go over the latest Meat Demand Monitor results for August and discuss price gouging at the grocery store and more with Dr. Glynn Tonsor from Kansas State University. (View the latest and historical data at https://agmanager.info) Next up in Segment Three, we discuss the talk of price caps on food in this election cycle and thoughts on the overall economic picture with Kelly Lester, Policy Analyst at the John Locke Foundation. Then in Segment Four, we talk with central Minnesota's Mark Koehn who is set to drive a restored 1940 Farmall tractor pulling a camper from the Canadian border to the Gulf of Mexico to raise awareness and money for FFA. Follow his journey on Facebook here: https://www.facebook.com/profile.php?id=61562350811738
Michelle Rook is guest host this afternoon and she has a conversation with Jim McCormick of AgMarket.net and DuWayne Bosse of Bolt Marketing plus Oliver Sloup of Blue Line Futures shares price action perspective.See omnystudio.com/listener for privacy information.