Grains Lower on More Pre-Holiday Fund Liquidation, SA Rains: Cattle Firmer on Weather, Lower Corn

Grains lower with more fund liquidation in pre-holiday trade, with SA rains and China COVID concerns. Livestock firmer with the lower feed prices and cold weather. Kevin Duling of KD Investors has details.

Grains lower with more fund liquidation in pre-holiday trade, with SA rains and China COVID concerns, U.S. weather being watched. Livestock firmer with the lower feed prices and cold weather. Kevin Duling of KD Investors 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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