Corn and soybeans mixed with bull spreading, WASDE positioning, exports and weather in play. Wheat sees short covering pricing in global supply concerns. Did cattle top yesterday with the key reversals despite record cash? Hogs consolidating after the recent correction. Rich Nelson, Allendale has details.
Corn, Beans Mixed with Bull Spreading on Wx, WASDE, Exports: Cattle Consolidate Further But is it Topping Action?
Corn beans mixed w/bull spreading, WASDE positioning, exports & weather in play. Short covering in wheat w/global supply concerns. Did cattle top w/the key reversals? Hogs consolidating. Rich Nelson, Allendale.
June 08, 2023 11:38 AM
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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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