Grains bounce pre-report and with improving exports, but will USDA punt or not on yields? Cattle continue to correct with firmer cash ideas, while hogs see seasonal weakness in cash and cutouts. Kent Beadle, Paradigm Futures has more.
Grains Mostly Higher Pre-Report: Cattle Bounce with Strong Cash Ideas, Hogs Consolidate Seasonally
Grains bounce pre-report and with better exports, but will USDA punt on yields? Cattle correcting with firmer cash ideas, while hogs see seasonal weakness in cash and cutouts. Kent Beadle, Paradigm Futures has more.
August 10, 2023 11:44 AM
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Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
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