Corn and new crop soybeans end higher putting in weather premium but talk of yield loss is premature. Wheat ends mixed, so what’s driving the market? Cattle recover and could retest highs with more record cash prices. Hogs build on the recent rally. While outside markets await Fed announcement. Arlan Suderman with StoneX has more.
Arlan Suderman Says Corn, Beans Rally on Weather But Yield Loss Premature: Cattle Recover and Could Retest Highs if Cash Hits New Records
New crop corn and beans up on weather but Arlan Suderman, StoneX says yield loss talk is premature. Wheat ends mixed. Cattle could retest highs with more record cash and hogs build on the higher weekly closes.
June 12, 2023 02:29 PM
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