Corn & Wheat up on Short Covering Pre-Holiday, Soybeans Mixed: Cattle and Hogs Score Higher Weekly Closes

Grains mostly higher on shortcovering in corn and wheat EOY, preholiday. Soybeans end mixed watching Brazil wx, demand news. Cattle and hogs end higher Friday and for the week. Darin Newsom, Barchart, has more.

Grains mostly higher on shortcovering in corn and wheat EOY, preholiday. Soybeans end mixed watching Brazil wx and demand news. Cattle and hogs end higher Friday and for the week. Darin Newsom, Barchart, has more.

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Wheat futures were up 30 to 35 cents early Wednesday adding risk premium as Russia and Ukraine attacks have escalated says Jamie Gieseke with Paradigm Futures.
Rich Nelson, chief strategist for Allendale says row crops are pausing right now until the weather story is really decided, while wheat is concerned about rising tensions in the Black Sea region.
Kevin Duling with KD Investors says corn and soybeans eased with a 1% improvement in ratings, while the weather is moderating.
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