Market Analysis: Mark Gold (February 4, 2022) - a podcast by Iowa PBS

from 2022-02-04T11:25:17

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The arrival of moisture in the Plains and even a lower dollar took some steam out of the bull-driven grain train. For the week, the nearby wheat contract fell 20 cents while March corn dropped 16 cents. The Chinese were still buying soybeans even as the Lunar New Year celebrations took place. The March soybean contract jumped 83 cents. March meal strengthened $32.70 per ton. March cotton expanded $2.98 per hundredweight. In the dairy parlor, March Class III milk futures gained 37 cents. A higher week in the livestock sector. April cattle improved $3.78. March feeders added $6.47.

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