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.
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.
May 25, 2023 03:03 PM
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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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Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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