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Kent Beadle with Paradigm Futures says corn and soybeans are seeing technical selling after failing at chart resistance again on Monday.
Trump stated that Zeldin would “ensure fair and swift deregulatory decisions” to “unleash the power of American businesses.” The administration aims to maintain “the highest environmental standards, including the cleanest air and water on the planet” while pursuing deregulation.
Richard Beasley posted job openings for a farm manager position on 688 acres and murdered suitors as they arrived on-site.
Funds reached set a record net long position in lean hogs according to last week’s Commitment of Traders report. They are also aggressively long live cattle and feeder cattle too, increasing the risk of long liquidation.
Allison Thompson with The Money Farm says pressure in the grains came from a lack of news or fresh demand, farmer selling and bearish outside markets like lower crude oil and a higher dollar.
Grain markets received friendly news in the most recent WASDE report but have failed to find any follow through momentum. A sign of caution?