Cattle & Hogs Mostly Higher on Follow Through Buying, Lower Corn: Grains Lower on Slow Exports, Sell off in Bean Oil

Cattle mostly higher with steady cash, hogs mixed with disappointing exports. Grains start lower with slow exports and sharply lower BO. Scott Varilek of Kooima Kooima Varilek has analysis.

Cattle mostly higher on lower corn and steady cash, hogs mixed on better China news but disappointing exports. Grains start lower with slow weekly exports, some profit taking in beans and wheat and soybean oil is a big drag on talk of disappointing RFS biodiesel levels. Scott Varilek of Kooima Kooima Varilek has analysis.

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