Grains mostly lower with higher dollar, poor corn and wheat exports. Profit taking in soybeans with lower meal. Cattle consolidating despite higher cash in the north. Hogs holding small gains with strong exports. Michelle Rook talks to Vince Boddicker of Farmers Trading Company.
Grains and Cattle Mostly Lower with Higher Dollar: Hogs Firm
Grains mostly lower with higher dollar, poor exports. Profit taking in soybeans with lower meal. Cattle consolidating despite higher cash, hogs firm. Michelle Rook with Vince Boddicker of Farmers Trading Company.
November 03, 2022 11:31 AM
Related Stories
Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Read Next
Applying a keen sense of business and creating non-farm assets, Tim Nuss unlocks a flywheel effect to propel the Nuss Farms forward.
