Grains Lower on Technical Selling & Poor Exports, Despite Sharply Lower Dollar: Lower Corn Supports Cattle

Technical selling slow exports weigh on grains, despite sharply lower dollar. Cattle up on lower corn & higher DOW. Hogs follow lower cash. Michelle Rook w/ Jeff Hoogendoorn of Professional Ag Marketing.

Technical selling and slow exports weigh on grains, despite sharply lower dollar on CPI news. Cattle stronger with lower corn and higher DOW, with hogs following lower cash, slow exports. Michelle Rook talks with Jeff Hoogendoorn of Professional Ag Marketing.

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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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