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.
November 25, 2022 10:45 AM
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Mike Zuzolo, Global Commodity Analytics, says grains were pressured by a host of factors including weather and fund liquidation.
Brad Kooima of Kooima Kooima Varilek says cattle futures are down with a risk off day in the ag markets. End of quarter profit taking and talk of a packer bailout is also weighing on futures.
DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
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