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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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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