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Live cattle lower as steady cash disappoints. Hogs extend gains on short covering. Grains down with slow exports, profit taking, lower soybean oil a drag on soybeans. Pat Von Tersch with Professional Ag Marketing.
Cattle mostly higher with steady cash, hogs mixed with disappointing exports. Grains start lower with slow exports and sharply lower BO. Scott Varilek of Kooima Kooima Varilek has analysis.
With just six quick notes a year, you can provide real, relevant information to your landlords.
Early November corn trade provided a glimpse of what to expect from a post-harvest corn market. Corn futures rolled over and through the bottom of the sideways trading range. But there was no “panic.”
Argentina’s government hiked the price of biodiesel for domestic consumption, aiming to keep its price just below the current high inflation rate.
Soybeans made new highs for the move, with higher meal. Wheat saw short covering, funds sold corn. Cattle higher with steady cash and hogs also saw short covering. Bryan Doherty of Total Farm Marketing has details.
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