Corn and wheat down with lower oil and the higher dollar, but soybeans rebound with export biz and higher meal. Cash basis levels strong west and south, weaker east. What does this mean for grain and livestock producers? @michellerookag w/@FarmersKeeper
Corn and Beans Lower With Higher Dollar, Soybeans Rebound with Export Biz: Cash Basis Levels Hot in West and South
Corn and wheat down with lower oil and the higher dollar, but soybeans rebound with export biz and higher meal. Cash basis levels strong west and south, weaker east. @michellerookag w/@FarmersKeeper
October 28, 2022 11:31 AM
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Mike Zuzolo, Global Commodity Analytics, says grains were pressured by a host of factors including weather and fund liquidation.
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
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