Grains mixed but trying to bounce after an ugly sell off in corn and wheat this week. Can soybeans hold $15? Cattle see more profit taking with steady cash, hogs see short covering. Bryan Doherty of Total Farm Marketing has details.
Grain Mixed but Trying to Bounce After Fund Sell Off: Cattle See More Profit Taking, Short Covering in Hogs
Grains mixed but try to bounce after fund sell off in corn and wheat this week. Can soybeans hold $15? Cattle see more profit taking w/steady cash, short covering in hogs. Bryan Doherty, Total Farm Marketing.
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
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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