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.
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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