Cattle and Hogs Correcting but Will it Continue? Corn and Soybeans Rally on Drop in Ratings and Weather

Cattle correcting today and the top may be in short term says Brad Kooima of Kooima Kooima Varilek. What will cash do this week? Has the hog rally run its course? Corn, beans rally on drop in crop ratings, weather.

Cattle correcting today and the top may be in short term according to Brad Kooima of Kooima Kooima Varilek. What will cash trade do this week? Has the hog rally run its course? Corn and soybeans up on the lower crop ratings and weather, plus the rally in soybean oil. However, how much upside is there?

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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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