Cattle Make New Highs Anticipating Record Cash Again, Funds Sell in Hogs: Grains Mixed Watching Weather and WASDE

Cattle make more new contract highs pushed by record cash and it may top that this week. Hogs see more fund selling. Grains mixed ahead of the WASDE, watching weather. Brad Kooima of Kooima Kooima Varilek has more.

Markets are mixed early. Cattle make more new contract highs pushed by record cash and it may top that this week. Hogs continue to see pressure. Grains mixed ahead of the WASDE, but cash basis continues strong. Brad Kooima of Kooima Kooima Varilek has details.

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
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.
Get News Daily
Get Market Alerts
Get News & Markets App