Grains End Mixed on Pre-Holiday Profit Taking, Weather, Debt Ceiling Talks: Cattle End with Contract Highs, Hogs Contract Lows

Grains end mixed seeing pre-holiday positioning/profit taking, eyeing weather, exports, debt ceiling talks. Cattle made contract highs with higher cash, contract lows in hogs. Alan Brugler, Brugler Marketing has more.

Grains end mixed seeing pre-holiday positioning/profit taking, eyeing weather, exports, debt ceiling talks. Cattle were 2-sided but ended strong, making contract highs with higher cash, contract lows in hogs. Alan Brugler, Brugler Marketing has details.

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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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