Row crops end higher on weather and crop ratings, but geopolitical headlines and WASDE positioning were also factors. Live cattle make all-time highs again with futures at a discount to record cash, hogs have recovered off recent contract lows but how much upside is left? Brian Grete, Pro Farmer covers it all.
Grains End Higher Except Wheat Trading Weather & Crop Ratings, WASDE: Live Cattle Hit All-Time Highs Chasing Record Cash
Grains higher except wheat trading weather, crop ratings, WASDE. Live cattle hit all-time highs chasing record cash, hogs continue to recover but how much upside is left? Brian Grete, Pro Farmer.
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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.
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?
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