Cattle see more chart-based selling awaiting cash, hogs 2-sided after strong exports. Grains lower with pre-report, with soybeans fading big export sales on profit taking. Scott Varilek, Kooima Kooima Varilek, has more.
Cattle See More Chart Based Selling, Hogs 2-Sided: Grains Lower Fading Big Soybean Export Sales Ahead of WASDE
Cattle see more chart-based selling awaiting cash, hogs 2-sided after strong exports. Grains lower with pre-report, with soybeans fading big export sales. Scott Varilek, Kooima Kooima Varilek, has more.
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Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
Naomi Blohm with Total Farm Marketing says the technical action is feeling like the market is probing for a low.
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