Ag Markets End Mostly Lower on Fund Selling: How Much Lower Will Grains Go and Why Did Live Cattle Fade the COF?

Another mostly lower day with fund liquidation in the grains. How much lower will prices go? Live cattle see profit taking, fade the COF. Hogs also consolidated. Kevin Duling of KD Investors has details.

Another mostly lower day with fund liquidation in the grains. How much lower will grain prices go? Feeders make contract highs on the lower corn, but live cattle fade the Cattle of Feed. Hogs were also lower seeing consolidation. Kevin Duling of KD Investors has details.

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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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