Grains Mixed on Profit Taking and Report Positioning, Cattle Work in Steady to Lower Cash

Grains end mixed on Thursday with profit taking and report positioning. Live cattle worked in steady to lower cash, hogs consolidating. Michelle Rook has full analysis with Arlan Suderman of Stone X Financial.

Grains end mixed on Thursday with report positioning and profit taking in wheat and corn. Soybeans rebounded off the August lows on short covering and report positioning, plus higher soybean oil. Steady to lower cash trade was worked into the cattle market, with consolidation in the hogs. Michelle Rook has full analysis with Arlan Suderman of Stone X Financial.

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