Corn up for the fifth day on short covering heading into the reports and the lower dollar. Soybeans close back above $13 but struggle due to slow exports and Brazil competition. KC and MN wheat make new lows. Cattle see a technical bounce along with stock market recovery, while hogs rally into the report. Rich Nelson, Allendale has analysis.
Corn Sees Pre-Report Short Covering, Beans Slide on Slow Exports: Cattle Bounce with Equities, Hogs Rally into Report
Corn up on pre-report short covering, beans slide on slow exports. KC and MN wheat make new lows. Cattle see a technical bounce with equities, while hogs rally pre-report. Rich Nelson, Allendale has analysis.
Related Stories
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
The change implements provisions in the One Big Beautiful Bill Act and updates long-standing Farm Service Agency rules that had capped many entity-based operations at a single payment limit.


