Corn and wheat lower with technical selling, slow demand and easing global supply issues. Soybeans bounce off support with better export news and higher meal. Cattle trying to recover awaiting cash, while hogs see more profit taking and topping action. Vince Boddicker, Farmers Trading Company, has details.
Corn and Wheat Lower with Fund Selling, Slow Exports, While Soybeans Recover with Meal: Cattle Bounce off Support, Hogs Topping
Corn & wheat down on fund selling, slow demand. Soybeans bounce with better export news, higher meal. Cattle trying to recover awaiting cash, hogs topping. Vince Boddicker, Farmers Trading Company, has details.
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.


