Corn higher, soybeans lower correcting spreads and the corn/bean ratio and working in drought concerns. Cattle further consolidate but cash still holding steady and the bull market isn’t over. Nearby hogs clear $100 and are $27 to $30 off contract lows, so will the buying spree continue? Scott Varilek, Kooima Kooima Varilek has analysis.
Corn Higher, Soybeans Lower on Spreads, Drought Concerns, Correcting Ratio: Cattle Further Consolidate, Nearby Hogs Clear $100
Corn higher, soybeans lower correcting spreads and the corn/bean ratio w/drought concerns. Cattle further consolidate but cash still holding steady. Nearby hogs clear $100. Scott Varilek, Kooima Kooima Varilek.
July 06, 2023 11:28 AM
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