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Grains see technical bounce putting in weather premium. Cattle back into contract highs with higher cash bids being passed, while hogs are consolidating. Darren Frye, Water Street Solutions has details.
The President and Speaker of the House have reached a deal on lifting the debt ceiling. Why is this important for farmers and ranchers?
Grains recover weather premium back on the forecast and Drought Monitor. We also saw a technical selling exhaustion. Profit taking in cattle and hogs. Scott Varilek of Kooima Kooima Varilek has details.
Brazil is exporting a combined 120,000 MT of soybeans to buyers in the U.S., shipping data seen by Reuters showed.
AgDay TV Markets Now: Oliver Sloup with Blue Line Futures says grains end off lows Wednesday but the fund selling may not be done.
August live cattle rose 50 cents to $167.675. August feeder cattle gained $1.40 at $239.175. Both markets closed nearer their session highs, hit contract highs and closed at technically bullish monthly high closes.