Cattle hitting new contract highs again on bullish cash ideas, tight supplies. Hogs test the upper end of the trading range on the charts. Will they break through? Grains lower positioning ahead of the WASDE, with some disappointment about crop ratings. Brad Kooima, Kooima Kooima Varilek has more.
Cattle Make New Highs, Hogs Test Resistance: Grains Slide Ahead of WASDE
Cattle hitting new contract highs again on bullish cash ideas, tight supplies. Hogs test resistance. Grains lower pre-WASDE, with disappointment about crop ratings. Brad Kooima, Kooima Kooima Varilek has more.
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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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