Live cattle mixed to higher with end of month positioning and awaiting cash direction, but charts look bearish. Hogs mixed but is the correction over? Corn and beans slightly higher with light short covering, higher meal and crude oil, plus a soybean sale to Mexico. Wheat sees more technical selling with winter wheat ratings well above last year. Brad Kooima, Kooima Kooima Varilek, has more.
Cattle Mixed to Higher Amid Bearish Charts, Awaiting Cash. Are Hogs Done Correcting? Row Crops See Corrective Buying with Mexico Biz
Live cattle mixed to higher EOM, awaiting cash, but charts look bearish. Hogs mixed but is the correction over? Row crops firmer on short covering, higher crude oil. Brad Kooima, Kooima Kooima Varilek, has more.
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Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
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