Friday, July 24, 2009

AUDIO: Weekly Market Commentary w/ Jim Daven (July 20-24)

We're speaking with Jim Daven, market analyst with Commercial Grain Inc. in Conway, Ark.

We'll take a look at grains first. Jim, with the U.S. corn and soybean crops projected higher, should producers brace for more downside movement?




Jim, taking a peek at rice and cotton, it seems every year or so we see a weather pattern develop that affects crop production to some extent, sometimes on a global scale.
Is El NiƱo playing a role in cotton and rice markets this year?




Lastly, moving on to livestock. Jim, feed costs appear to be leveling off, is that a factor in upside price movement in the livestock sector?




Thanks, Jim! We'll look forward to talking with you again next week.

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