Live cattle trying to recover but held back by feeders which have done chart damage and some steady to lower cash. Hogs firm ahead of a Hogs and Pigs Report that is expected to show contraction. Grains are mixed end of quarter and ahead of reports. Soybeans slide below $13 after failing to close above the 100 day MA, corn still rangebound. Scott Varilek, Kooima Kooima Varilek has details.
Cattle Try to Recover, Hogs Firm Ahead of Report: Grains Mixed with Soybeans Back Below $13, Corn Still Sideways
Live cattle try to recover but held back by feeders and some steady to lower cash. Hogs firm ahead of a Hogs and Pigs Report. Grains mixed end of quarter, pre-reports. Scott Varilek, Kooima Kooima Varilek has more
September 28, 2023 09:21 AM
Related Stories
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.
Read Next
New state restrictions and a proposed AFIDA overhaul could reshape land deals, reporting, and due diligence for farmers.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
