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.
December 15, 2023 09:29 AM
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Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
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