Grain prices rally at midday with wheat taking the leadership role on corrective buying and that is supporting corn and soybeans, despite negative outside markets. Is money flowing into commodities? Live cattle scored new contract highs in the February on back on fund buying and higher cash ideas, feeders reacting to higher corn. Meanwhile hogs are mixed. Michelle Rook gets details with Vince Boddicker of Farmers Trading Company.
Grain Prices Rally Midday, Despite Negative Outside Markets: Livestock Prices Mixed: Is Money Flowing Into Commodities?
Grain prices rally. Wheat leads on corrective buying, pulls row crops, despite negative outside markets. Deferred live cattle hit contract highs. Michelle Rook talks with Vince Boddicker of Farmers Trading Company.
September 20, 2022 11:16 AM
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