Cattle Futures Fade Cattle Inventory, Hogs Resume Slide: Grains End Mixed

Cattle futures lower fading USDA’s Cattle Inventory Report. Hogs resume their slide, while grains ended mixed as soybeans see profit-taking. Is the weather rally over? Brad Kooima of Kooima Kooima Varilek has more.

Cattle futures end lower fading USDA’s Cattle Inventory Report but do the historic numbers eventually push cattle to record highs? Hogs resume their slide, while grains ended mixed as soybeans see profit-taking. Is the weather rally over? Brad Kooima of Kooima Kooima Varilek has more.

AgWeb-Logo crop
Related Stories
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.
Get News Daily
Get Market Alerts
Get News & Markets App