Corn and wheat held gains on corrective buying, but soybeans couldn’t stay above $15 with a pickup in farmer selling and improved weather in Argentina. Live cattle saw some light fund buying, with feeders mixed. Hogs still can’t find a bottom with rising slaughter numbers and soft cash. Brian Grete with Pro Farmer has analysis.
Corn and Wheat See Corrective Buying, but Soybeans Fade Early Gains: Livestock Mixed and Two-Sided
Corn and wheat saw corrective buying, but soybeans couldn’t stay above $15 with farmer selling and improved weather in Argentina. LC saw fund buying, while hogs were lower. Brian Grete, Pro Farmer has details.
January 24, 2023 02:05 PM
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