Corn and wheat ended lower after the WASDE with technical selling and talk of an extension of the Ukraine export deal. Soybeans were able to shake off higher ending stocks in the report with fresh export business and higher soybean oil. Cattle saw following through selling on the lack of cash trade. Michelle Rook talks with Chip Nellinger Blue Reef Agri-Marketing.
Grains End Mixed After WASDE, Export News: Cattle Await Cash News
Corn, wheat lower after WASDE w/ technical selling and possible extension of export deal. Soybeans shook off higher ending stocks on export biz, higher BO. Michelle Rook w/Chip Nellinger Blue Reef Agri-Marketing.
November 09, 2022 02:19 PM
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Mike Zuzolo, Global Commodity Analytics, says grains were pressured by a host of factors including weather and fund liquidation.
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
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