Grains are higher except corn after poor weekly exports. Is wheat and the soybean complex seeing technical buying or are we trading weather? Cattle post more contract highs chasing sharply higher cash, while outside markets are strong following the passage of the debt ceiling deal in the Senate and jobs data. Darin Newsom with Barchart has details.
Grains Mixed Watching Weather, Outside Markets, Technicals: Cattle Make Contract Highs Chasing Cash
Grains up except corn after poor weekly exports. Is it technical buying, weather? Cattle hit contract highs chasing sharply higher cash, outside markets are strong after a debt ceiling deal. Darin Newsom, Barchart.
June 02, 2023 09:23 AM
Related Stories
As farmers wait for official rates expected the week of Dec. 22, Paul Neiffer shares his calculation for six crops. Richard Fordyce with USDA also lays out the timeline for delivering payments and what farmers need to do to be on the list.
Follow these time-tested, expert recommendations this fall and winter to ensure you don’t overpay or get stuck with a machine with low resale value.
Take a quick trip with us to Beaver Falls, Pa., the hometown of Broadway Joe Namath and an impressive fleet of classic Oliver 55-Series tractors still hauling manure and tilling up Allegheny Valley dirt.
Read Next
Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.
