Corn and wheat end higher trading weather and gearing up for the WASDE, soybeans set back unable to get above $15. Cattle make new contract highs after record cash trade, but how much higher will the market go? DuWayne Bosse of Bolt Marketing has the answers.
AgDay TV Markets Now: DuWayne Bosse Says WASDE and Weather Moved Grains, While Cattle Make New Highs But for How Long?
Corn and wheat higher trading weather and the WASDE, soybeans set back unable to get above $15. Cattle make new highs on record cash trade. DuWayne Bosse of Bolt Marketing has details.
April 10, 2023 04:33 PM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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