Cattle still trying to recover from the COF bearishness but will the funds keep liquidating and what does this mean for cash? Hogs bounce off more contract lows. Grains see pressure with technical selling on macroeconomic fears. Brad Kooima, Kooima Kooima Varilek, has more.
Cattle Recover Digesting Bearish COF, Hogs Bounce off Contract Lows: Grains See Technical Selling on Macroeconomic Fears
Cattle try to hold early gains after the COF bearishness. Hogs bounce off more contract lows. Grains see pressure with technical selling with macroeconomic fears. Brad Kooima, Kooima Kooima Varilek, has more.
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
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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