Grains mixed eyeing weather but will row crops get their typical spring rally for farmers to make some sales? Cattle make more new highs while milk futures build on yesterday’s reversal but can these rallies be sustained? Bryan Doherty of Total Farm Marketing has the answers.
Grains Mixed Eying Weather but Will Row Crops Get a Typical Spring Rally? Cattle and Milk Futures See Early Strength
Grains mixed eyeing weather but will row crops get their typical spring rally? Cattle and milk futures rally, can they be sustained? Bryan Doherty of Total Farm Marketing has the answers.
April 12, 2023 09:38 AM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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