Grains Mixed Midday with Fund Selling in Corn and Wheat: Livestock Mostly Higher

Grains mixed with more fund selling in corn and wheat, while soybeans bounce despite lower soybean oil. Livestock higher, with strong cash cattle trade and lower corn. Chip Nellinger of Blue Reef Agri-Marketing.

Grains mixed midday with more fund selling in corn and wheat, while soybeans bounce despite lower soybean oil. Livestock higher, with strong cash cattle trade and lower corn. Chip Nellinger of Blue Reef Agri-Marketing has details.

AgWeb-Logo crop
Related Stories
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.
Get News Daily
Get Market Alerts
Get News & Markets App