Corn and wheat see technical selling with poor demand and ahead of the WASDE. Soybeans firm after holding support and with China biz. Cattle up following higher beef values and cash ideas, hogs fall with cash index. DuWayne Bosse Bolt Marketing has more.
Corn and Wheat Lower Ahead of Report, Soybeans Hold Gains with China Biz: Cattle Supported by Higher Beef Values, Hogs Fail
Corn and wheat ahead of the WASDE. Soybeans firm after holding support and with China biz. Cattle follow higher beef values and cash ideas, hogs fall with cash index. DuWayne Bosse Bolt Marketing has more.
August 09, 2023 11:56 AM
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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
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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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