Grains Higher on Disappointing Weekend Rains, Corrective Buying, Strong Soy Products: Cattle See Profit Taking, Dollar Has Lower Week

Grains higher on disappointing rains corrective buying, strong soy products, which spilled over into wheat. Cattle see profit taking w/lower boxed beef. While the dollar was down last week. Darin Newsom, Barchart.

Grains higher with disappointing weekend rains and corrective buying, but soybeans are also supported by strong product values which is spilling over into wheat. Cattle set back on profit taking and lower boxed beef. While the dollar was down last week despite talk of additional interest rate hikes, so what clues is it providing about the economy? Darin Newsom, Barchart has more.

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