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Vince Boddicker, Farmers Trading Company, says grain and cattle markets saw selling Monday in tandem with the collapse in outside markets.
High winds have posed plenty of problems for farmers trying to spray, and even plant, this spring. NOAA says it’s one of the windiest starts to the season on record, but the bigger question is how long will it last?
Outside markets are under pressure to start the week, but grain and livestock markets are holding their own yet again. Focus shifts to weekly crop progress reports and ever-changing weather forecasts.
Brad Kooima, Kooima Kooima Varilek, says grains lose early strength running into chart resistance. While cattle also started higher with the sharply higher cash trade Thursday but faded.
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