Corn and wheat seeing technical selling, but lower crude oil, harvest pressure in corn and removal of war premium are also factors. Soybeans see a corrective bounce. Cattle try to consolidate after a meltdown yesterday. Hogs slide except Dec. Randy Martinson, Martinson Ag, has more.
Corn and Wheat See Technical Selling, Harvest Pressure, Outside Market Influence: Cattle Try to Consolidate After Meltdown
Corn and wheat seeing technical selling, but outside markets, harvest pressure, removal of war premium also factors. Soybeans see a corrective bounce. Cattle try to consolidate. Randy Martinson, Martinson Ag, has more.
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Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
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