Cattle and Hogs See Corrective Buying but Will Gains Hold? Grains up on Export Sales Heading into WASDE

Cattle and hogs higher on corrective buying but will it hold w/lower cash and higher weights? Grains up on export sales heading into the WASDE and watching Brazil wx. Scott Varilek, Kooima Kooima Varilek, has more.

Cattle and hogs start higher on corrective buying but will the gains hold as the markets fight lower cash and higher weights? Grains get a boost from export sales heading into the WASDE and watching Brazil weather. Scott Varilek, Kooima Kooima Varilek, has more.

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Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
Naomi Blohm with Total Farm Marketing says the technical action is feeling like the market is probing for a low.
Brad Kooima with Kooima Kooima Varilek says the charts look positive but he thinks a healthy correction is in store. He’s also skeptical about USDA’s new cash report.
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