Cattle extend gains from Wednesday with better cash news, hogs lower with bigger supplies and fund selling. Grains mixed pre-report with soybeans bouncing off news lows for the move with fresh export biz. Scott Varilek, Kooima Kooima Varilek has more.
Catte Extend Gains with Better Cash News, Hogs Lower Again: Grain Mixed Pre-Report after New Lows in Soybeans
Cattle extend gains from Wednesday with better cash news, hogs lower with bigger supplies and fund selling. Grains mixed pre-report, soybeans bounce off w/export biz. Scott Varilek, Kooima Kooima Varilek has more.
October 12, 2023 09:17 AM
Related Stories
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
The change implements provisions in the One Big Beautiful Bill Act and updates long-standing Farm Service Agency rules that had capped many entity-based operations at a single payment limit.
