Markets continue lower except cattle at midday. Corrective selling and lower crude oil pressuring corn and beans as well as the sharply lower wheat market with moisture in HRW areas. Cattle continue to see support from higher cash, cutouts, weather and lower corn. Hogs down with a drop in the cutouts. Randy Martinson of Martinson Ag has details.
Grains Lower on Profit Taking, Moisture in HRW Areas, Drop in Crude Oil: Cattle Extend Gains on Strong Fundamentals
Corn & soybeans down on corrective selling, plus lower CO and wheat with moisture in HRW areas. Cattle extend gains on strong fundamentals, lower cutouts weigh on hogs. Randy Martinson of Martinson Ag has more.
February 22, 2023 11:32 AM
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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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