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
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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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