Grains see technical buying on light holiday volume, strong corn exports. Livestock 2-sided with hogs seeing short covering on strong exports, cattle mixed with higher corn vs. higher cash. Michelle Rook has an update.
Grain Prices Continue Higher Midsession on Holiday, Technical Buying: Livestock 2-Sided Trade
Grains see technical buying on light holiday volume, strong corn exports. Livestock 2-sided with strong exports, short covering in hogs, cattle mixed with higher corn vs. higher cash. Michelle Rook has an update.
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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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