Grains end lower in reaction to a bearish WASDE Report and fading big soybean export sales. Corn took out the September lows so how low will the market go? And can soybeans stay down with SA weather issues? Cattle see massive fund liquidation amid lower cash at $180-mostly $181 in the south down $4, and Northern trade $181/$287 down $5. While hogs end mixed. Don Roose, U.S. Commodities, has details.
Grains Lower on Bearish Report and Fade Big Soybean Export Sales: Cattle Melt on Fund Selling, Lower Cash
Grains lower after a bearish WASDE Report, fading big soybean export sales but still respecting SA weather. Cattle see massive fund liquidation amid lower cash, hogs mixed. Don Roose, U.S. Commodities, has details.
November 09, 2023 03:01 PM
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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