Corn and soybeans higher with bull spreads working on tight cash supplies and China export biz. But what are the mixed signals we’re seeing with national cash basis? Wheat slumps on poor exports. Meanwhile crude oil has had a chart breakout, which is also pushing the dollar lower. And the red-hot cattle/beef market shows no signs of a top. Darin Newsom, Sr. Market Analyst with Barchart tackles it all!
Corn and Soybeans See Bull Spreading with China Biz and Strong Cash: Crude Oil Has a Chart Breakout, While Cattle are Red Hot!
Corn and Soybeans See Bull Spreading with China Biz and Tight Cash Markets. Crude Oil Has a Chart Breakout, While Cattle are Red Hot!
April 13, 2023 09:24 AM
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