Grains start higher on continued corrective buying and a lower dollar index, but soybeans have run into chart resistance. Weather has also turned hotter and drier in Argentina and parts of Brazil which is supportive for corn and soybeans. Cattle and hogs see following through fund buying and new highs for the move after chart breakouts yesterday and with higher product values. Randy Martinson, Martinson Ag, has more.
Corn and Wheat Extend Corrective Gains, but Soybeans Fade: Livestock See More Chart Based Buying
Grains start higher on continued corrective buying but soybeans have run into chart resistance. Cattle and hogs see following through buying after chart breakouts yesterday. Randy Martinson, Martinson Ag, has more.
January 24, 2024 09:25 AM
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