Grains end with corn slightly higher and wheat off session lows. So, has the market absorbed the Black Sea Export Deal extension? Soybeans saw technical selling pressure with the sharp drop in bean oil and SA weather. Cattle higher on lower corn, $1-$2 higher cash trade and report positioning. Will LC take out the contract highs? Michelle Rook w/Matt Bennett, AgMarket.Net
Grains End Mixed, Has the Market Worked in Black Sea Export Deal? Cattle Follow Higher Cash
Corn ends slightly higher, wheat off lows, absorbing the Black Sea Export Deal extension. Soybeans saw technical selling pressure w/lower BO. Cattle strong w/higher cash. Michelle Rook w/Matt Bennett, AgMarket.Net
November 17, 2022 02:13 PM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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