Grains supported by a short covering rally in wheat, but wheat is off its highs with conflicting reports on whether or not Russia will temporarily ban exports. Hogs and live cattle are also seeing a short covering bounce, but is this bottoming action? Mike Zuzulo, Global Commodity Analytics has analysis.
Grains Higher Led by Short Covering Rally in Wheat Amid Conflicting Reports on Russia Export Ban: Live Cattle and Hogs Also Bounce
Grains up led by a short covering rally in wheat, amid conflicting reports on a Russia export ban. Hogs and live cattle see short covering but is this bottoming action? We ask Mike Zuzulo, Global Commodity Analytics.
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