Soybean still slightly higher with China’s easing COVID policy, export demand and higher meal, but soybean oil is pulling contract off their highs. Corn and wheat seeing more fund liquidation with slow demand. Cattle supported by lower corn and strong cash, with more technical buying in hogs. Michelle Rook has analysis.
Grains Mixed with More Fund Selling in Corn and Wheat, Soybeans and Livestock Firm.
Soybean slightly higher w/ China’s easing COVID policy, export demand. Corn & wheat see more fund liquidation w/ slow demand. Cattle up w lower corn & strong cash, fund buying in hogs. Michelle Rook has analysis.
December 05, 2022 01:56 PM
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