Fund Selling Continues Midday in Grains, Moisture Weighs on Wheat: Cattle Rebound After Fading COF, Hogs Back Lower

Grains see more fund selling, improved weather weighs on wheat. Cattle faded the COF initially but have rebounded with strong fundamentals. Hogs back lower. Kent Beadle, Paradigm Futures has more.

Grains continue to see fund liquidation and technical selling with wheat the anchor with improved weather in HRW areas. Cattle faded the COF initially but have rebounded with strong fundamentals. Hogs back lower. Kent Beadle of Paradigm Futures has analysis.

AgWeb-Logo crop
Related Stories
Chip Nellinger of Blue Reef Agri-Marketing says the soybean complex saw technical selling with funds still holding a sizable long in soybeans and meal.
Joe Kooima of Kooima Kooima Varilek says the bounce in cattle isn’t unexpected as Friday’s selloff may have been overdone and with the financial markets seeing a recovery.
The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.
Read Next
Grab yer shovel: Hidden in five mason jars, a forgotten hoard of precious coins was discovered beneath a fieldstone wall.
Get News Daily
Get Market Alerts
Get News & Markets App