Grains Higher with Soybeans Leading on Argentina Crop Concerns and New Highs in Meal: Livestock Mixed

Grains higher early with soybeans leading on Argentina crop concerns, new contract highs in meal and fresh export biz, corn and wheat following. Cattle are mixed with hogs mostly lower. Michelle Rook has details.

Grains higher early with soybeans leading on Argentina weather concerns and new contract highs in soybean meal and fresh export sales, corn and wheat following. Cattle are mixed with hogs mostly lower. Michelle Rook 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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