Grains end lower on improved weather, profit taking after hitting resistance and ahead of the 3-day holiday and the next WASDE. Live cattle rebound with higher beef prices and higher cash bids in the South, but will the recovery continue after the key reversal? Naomi Blohm of Total Farm Marketing has insight.
Grains Close Lower on Improved Weather and Profit Taking: Live Cattle Rebound After Key Reversal Monday
Grains end lower on improved weather and profit taking ahead of the 3-day holiday and the next WASDE. Live cattle rebound with higher beef prices, but will the recovery continue? Naomi Blohm of Total Farm Marketing.
Related Stories
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.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.


