Grains continue to see pressure on more favorable weather, technical selling after hitting resistance and wheat struggles following corn and beans and as EU prices tumble. Cattle continue to correct ahead of cash and with spread unwinding with hogs. Allison Thompson of The Money Farm has more.
Grains Lower on Technical Selling, Weather: Cattle Continue to Correct
Grains see pressure on weather, technical selling after hitting resistance and wheat struggles as EU prices tumble. Cattle continue to correct, with spread unwinding with hogs. Allison Thompson, The Money Farm.
Related Stories
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.


