Soybean make new lows for the move with more fund selling, lower products and poor exports. That has pulled down corn and CH wheat. Cattle and hogs continue to struggle to recover despite higher cash cattle trade in the north. When will they bottom? John Payne of Hedge Point Global Markets has the update.
Funds Sell in Soy Complex Pulling Down Corn: Livestock Struggle to Hold Gains, When Will They Bottom?
Soybean make new lows for the move with more fund selling and lower products, that’s pulled down corn and CH wheat. Cattle and hogs continue to struggle to recover. John Payne, Hedge Point Global Markets has more.
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DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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