Cattle turn mixed after a higher start on the heels of a slightly friendly COF report. Can cattle recover now? Hogs see more technical buying. Soybeans up on disappointing rains in Brazil, while corn 2-sided with beans up and wheat down. Brad Kooima, Kooima Kooima Varilek, has more.
Cattle Mixed After Friendly COF Report: Soybeans Up on Disappointing Brazil Rains, Corn 2-Sided
Cattle turn mixed after a slightly friendly COF report. Can cattle recover? Hogs see more technical buying. Soybeans up on disappointing Brazil rains, corn is 2-sided. Brad Kooima, Kooima Kooima Varilek, has more.
November 20, 2023 09:19 AM
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.
