Cattle 2-Sided Awaiting COF with Better Cash Ideas, Hogs Slide: Corn and Soybeans Fall on SA Rains

Cattle trade 2-sided early awaiting COF but with improved cash ideas, hogs drift with lower cash, cutouts and eye Prop 12 changes, Corn and beans fall with rains in SA. Scott Varilek, Kooima Kooima Varilek, has more.

Cattle trade 2-sided early awaiting COF but with improved cash ideas, hogs drift with lower cash and cutouts and eying Prop 12 changes. Corn and beans fall with rains in Brazil on light volume. Scott Varilek, Kooima Kooima Varilek, has details.

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Rich Nelson, chief strategist for Allendale says row crops are pausing right now until the weather story is really decided, while wheat is concerned about rising tensions in the Black Sea region.
Kevin Duling with KD Investors says corn and soybeans eased with a 1% improvement in ratings, while the weather is moderating.
Dave Chatterton with Strategic Farm Marketing says the market initially traded the heat for this week which is unwelcome for corn during pollination time.
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