Corn, Beans Lose Early Gains in Weather Market: Hogs Consolidate While Cattle Make New Highs But for How Long?

Corn, beans lose early gains watching weather, WASDE, export inspections, outside markets. Cattle make new highs presenting a hedging opportunity, with hogs consolidating. Mike Zuzulo, Global Commodity Analytics.

Corn, beans lose early gains watching weather, WASDE, export inspections, outside markets. Wheat puts in weather and war premium. Cattle make new highs presenting a hedging opportunity, with hogs consolidating. Mike Zuzulo, Global Commodity Analytics.

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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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