Corn and wheat see corrective buying. Soybean slide with improved Brazil weather despite lower estimates. Cattle consolidated with caution ahead of the COF report, despite some higher Northern cash trade. Hogs saw bull spreading with strong weekly exports, awaiting the Hogs and Pigs data. Jeff Hoogendoorn, with Professional Ag Marketing, has details.
Corn and Wheat Bounce, While Brazil Rain Sinks Soybeans: Cattle Cautious Pre-COF
Corn & wheat see corrective buying. Soybean slide on Brazil rain. Cattle consolidate pre-COF, despite better cash. Hogs saw bull spreading on strong exports. Jeff Hoogendoorn, Professional Ag Marketing, has details.
December 21, 2023 02:56 PM
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Corn and soybeans were lower on Thursday seeing further consolidation after hitting chart resistance and with the WASDE on Friday.
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