• Crude Oil: It's been on an upward trajectory, and today is no exception. It's climbing higher, so energy traders will want to pay close attention.
  • Metal Markets: After a strong rally, metals like gold and silver are experiencing a pullback, with gold dropping over $20 and silver also retreating. If you've been riding the wave in the metal markets, it's time to exercise caution as we're seeing some profit-taking.
  • Livestock: The livestock market might see some volatility. Cattle prices are hovering around expected levels, and box beef has come in neutral. We'll have to wait and see how the cash market responds this week. Currently, there's about a $3 discount in the futures compared to the cash market, which could influence trading as the week progresses.

image author
Steve Georgy
Corn Aficionado
Voted “Best under 40” for McHenry County, Earned the “Emerging Leadership” award from Lincoln College. I have been on “This week in Agribusiness”, RFD TV, Rural Radio, AgriTalk, All Ag All Day, KBUF Morning Show, and several other TV and radio programs.

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