Grains mostly higher with fund buying and SA weather supportive. Soybeans close above $15, will the rally keep going? Cattle and hogs trade two-sided on EOY positioning, with cattle awaiting cash direction. Chip Nellinger, Blue Reef Agri-Marketing has analysis.
Grains Mostly Higher with Beans Closing Above $15: Livestock Mixed to Higher
Grains mostly higher on fund buying and SA weather. Soybeans close above $15, will the rally keep going? Livestock trade two-sided on EOY squaring. Chip Nellinger, Blue Reef Agri-Marketing has more.
December 28, 2022 02:26 PM
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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.
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