Grains have a higher close led by wheat adding risk premium tied to war and weather. Dec corn closes above the 100 day MA, Nov soybeans above $14 and wheat with double digit gains. How high do prices project? Live cattle hit more contract highs with higher cash ideas. Milk futures were soft but have they bottomed? Bryan Doherty, Total Farm Marketing.
Grains Close Higher Adding Risk Premium on War and Weather: Contract Highs in Live Cattle, with Milk Prices Bottoming?
Grains higher adding risk premium tied to war and weather. How high do prices project? Live cattle hit more contract highs, milk futures were soft but have they bottomed? Bryan Doherty, Total Farm Marketing.
July 19, 2023 05:08 PM
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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