Grains ended mostly lower with some speculative profit taking, working in SA weather, precip in HRW areas and outside markets influence. Cattle saw a healthy correction awaiting cash news, while hogs were supported by ASF news and the bottoming cash market. Garrett Toay of AgTradeTalk has analysis.
Grains Lower on Profit Taking, Keeping an Eye on SA and U.S. Weather: Cattle Consolidate While Cash, ASF Supports Hogs
Grains ended mostly lower with profit taking, with an eye on weather and outside markets. Cattle consolidate, while hogs were supported by ASF news and bottoming cash. Garrett Toay of AgTradeTalk has analysis.
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The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.
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