Corn and Wheat Down with Strong Dollar, Soybeans up with Meal and Export Biz: End of Month Profit Taking in Cattle

Corn & wheat end lower w/stronger dollar & HRW rain, soybeans up with meal and export biz. Live cattle saw end of month profit taking w/ short covering in hogs. Michelle Rook w/ Darren Frye, Water Street Solutions.

Corn and wheat end lower w/stronger dollar and rain chances in HRW areas, soybeans got help from meal and export business. Live cattle saw end of month profit taking with short covering in hogs. Michelle Rook with Darren Frye, Water Street Solutions.

AgWeb-Logo crop
Related Stories
Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Get News Daily
Get Market Alerts
Get News & Markets App