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Corn and soybeans open higher then hit resistance, see profit taking and farmer selling. Wheat trying to hold gains with China biz. Cattle consolidate despite higher cash. DuWayne Bosse, Bolt Marketing, has more.
Grains start higher but row crops hit chart resistance and retrace. Wheat supported by China biz, oil up on Middle East conflict. Cattle start higher, then see profit taking. Darin Newsom, Barchart, has more.
In celebration of Hispanic Heritage Month, Jesse Larios, a California cattle farmer, shares about his deep roots in agriculture and the contributions his Latino and Latina brothers and sisters have made in the industry.
Company leaders say this “solidifies CNH’s in-house precision, automation and autonomy technology, enabling us to continue Breaking New Ground for the agriculture and construction industries.”
AgDay TV Markets Now: Mike Zuzulo, Global Commodity Analytics, talks about why grains soared after the USDA Reports and what it will take to continue that momentum.
The October WASDE was slightly bullish for soybeans and corn, bearish for wheat. However, the markets rallied after the WASDE led by soybeans.