Grain, Livestock and Crude Oil Markets Recover, Except for Contract Lows in Corn

Grain markets seeing corrective buying except for corn which made new lows again. Cattle seeing a relief rally, as well as crude oil. Shawn Hackett, Hackett Financial Advisors, has more.

Grain markets seeing corrective buying except for corn which made new lows again. Cattle seeing a relief rally, as well as crude oil. Shawn Hackett, Hackett Financial Advisors, has more.

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Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
Naomi Blohm with Total Farm Marketing says the technical action is feeling like the market is probing for a low.
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