Corn, Wheat Down on Weather, Report Positioning, Soybeans Follow Meal Higher: Cattle See Profit Taking After $190/$300 Cash

Corn & wheat see pressure on weather, report positioning, soybeans supported by meal and China hopes. Cattle and hogs see profit taking, even after record cash in NE at $190/$300. Allison Thompson, The Money Farm.

Corn and wheat see pressure on weather, report positioning and Black Sea headline fatigue, while soybeans are supported by meal and record China imports provide hope for business. Cattle and hogs see profit taking. That’s after cattle saw record cash in NE at $190/$300. Allison Thompson of The Money Farm has details.

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