Grains closed mostly higher with soybeans and meal supported by SA crop concerns & export demand. Wheat saw short covering while corn ended slightly lower. Livestock ended mostly lower on EOY profit taking. John Payne, Hedge Point Global Markets has more.
Grains Mostly Higher to End 2022 with Weather Market in Beans: Livestock Lower on Profit Taking
Soybeans and meal supported by SA crop concerns & export demand. Wheat saw short covering, corn ended lower. Livestock ended mostly lower on EOY profit taking. John Payne, Hedge Point Global Markets has more.
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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