Grains Continue to Correct Despite a Lack of Bullish News: Livestock Firm with Product Values

Grains higher in early trading on continued corrective buying, despite slightly bearish outside markets. Kent Beadle, Paradigm Futures says the grain markets may have finally run out of sellers.

Grains higher in early trading on continued corrective buying and despite slightly bearish outside markets and a general lack of bullish news. What are the next technical objectives on the charts that must be cleared to continue the rally in grains? Cattle and hogs have both traded 2-sided as processors try to ramp back up and awaiting cash. Kent Beadle, Paradigm Futures. has more.

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Mike Minor of Professional Ag Marketing says corn and soybeans were positioning ahead of the November WASDE with fears of higher yield.
Mike Minor of Professional Ag Marketing says corn and soybeans were positioning ahead of the November WASDE with fears of higher yield.
Joe Kooima with Kooima Kooima Varilek says its difficult to say because the fundamentals are still sluggish with the north seeing heavy weight cattle that have not been able to find a home.
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