Grains mixed and in holiday mode. Early gains in soybeans on 21.4 mb export biz, but Brazil rain chances cap rally. SAF decision fails to excite corn, while wheat is higher on technical buying. Livestock 2-sided with sloppy cash but cattle could post a higher weekly close. DuWayne Bosse, Bolt Marketing, has more.
Grains Mixed in Holiday Mode, Despite Big Soybean Export Sale, SAF Decision: Livestock 2-Sided
Grains mixed in holiday mode. Early gains in beans on export biz, but Brazil rain chances cap rally. Corn follows, wheat is higher. Cattle and hogs 2-sided. DuWayne Bosse, Bolt Marketing, has more.
Related Stories
Rich Nelson, chief strategist for Allendale says row crops are pausing right now until the weather story is really decided, while wheat is concerned about rising tensions in the Black Sea region.
Kevin Duling with KD Investors says corn and soybeans eased with a 1% improvement in ratings, while the weather is moderating.
Dave Chatterton with Strategic Farm Marketing says the market initially traded the heat for this week which is unwelcome for corn during pollination time.
Read Next
“Craziest story of my life,” says Stan Hoskins. “A neighbor has taken my land and … calls it adverse possession; I call it stealing.”
Commodity Market Futures
Futures prices on grains, livestock, oil and more

Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.

Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
