Grains end mixed after the WASDE with soybeans rallying after USDA dropped yield under 50 bpa and corn ending stocks down to 1.17 bb. Wheat continued to consolidate with the stocks cut less than expected and no new Black Sea headlines. Livestock ended mostly higher, but still cautious with recessionary concerns. Michelle Rook has analysis with Chip Nellinger of Blue Reef Agri-Marketing.
Grains End Mixed After WASDE and Bullish Soybean Surprise: Livestock Leaning Higher
Grains mixed reacting to the WASDE numbers and bullish soybean surprise. Livestock ended mostly higher. Michelle Rook has analysis with Chip Nellinger of Blue Reef Agri-Marketing.
October 12, 2022 02:15 PM
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