Cattle continue to recover and try to fill chart gaps with a push from cash. Hogs back up after profit taking Wednesday. Soybeans leading gains with China talk and lower Brazil estimates. Corn and wheat are trying to follow. There’s not a lot of fresh news and exports were down from last week. Scott Varilek, Kooima Kooima Varilek, has more.
Cattle Still Recovering with Cash, S&P Supportive: Soybeans Rally on China Talk, Lower Brazil Estimates, Corn Tries to Follow
Cattle try to fill chart gaps with help from cash, S&P. Hogs back up. Soybeans lead gains with China talk, lower Brazil estimates. Corn & wheat are trying to follow. Scott Varilek, Kooima Kooima Varilek, has more.
Related Stories
Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
Read Next
The Feikemas use cattle and hog waste to fuel 7,000 crop acres, eliminate insecticides and even guide land purchase decisions.


