Corn and Soybeans Lower on Fund Selling and Better Weather: Cattle Hit New Highs with Sharply Higher Cash

Corn and soybeans lower on fund selling and improved weather. Cattle hit new contract highs with sharply higher cash trade. Joe Vaclacik of Standard Grain has analysis and a WASDE Report preview.

Corn and soybeans lower on fund selling and improved weather, poor soybean exports did not help. Cattle hit new contract highs with sharply higher cash trade. Joe Vaclacik of Standard Grain has analysis and a WASDE Report preview.

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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.
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