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
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.
