Grain and Livestock Futures Mixed: EOY Profit Taking, China COVID Cases, Weather Drive Markets

Corn and wheat seeing some end of year profit taking, while soybeans are building SA weather premium. Cattle are also supported by weather, profit taking in the hogs. Chuck Shelby of Risk Management Commodities.

Corn and wheat seeing some end of year profit taking and with COVID cases surging in China, while soybeans are still holding some SA weather premium. Cattle are also supported by weather, with profit taking in the hogs. Chuck Shelby of Risk Management Commodities explains.

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