Corn and wheat fade the news of Russia ending the Black Sea Grain deal, seeing some profit taking and farmer selling. Meal, weather and China export talk support soybeans. Cattle continue firm with higher cash ideas and hogs supported by the higher cash index. Kent Beadle, Paradigm Futures has details.
Corn and Wheat Fade Grain Deal News, Soybeans Follow Higher Meal, China Talk: Livestock Supported by Cash
Corn, wheat fade Russia ending the Black Sea Grain deal. Meal, weather & China export talk support soybeans. Cattle firm w/higher cash ideas, hogs supported by higher cash index. Kent Beadle, Paradigm Futures.
Related Stories
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.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.


