Grains mostly lower on profit taking, rain chances in Brazil and spillover from outside markets with the lower crude oil and the firmer dollar. Cattle higher for the third day with help from the equity rally, but will it last if the COF is bearish? Hogs see a correction. John Heinberg, Total Farm Marketing, has more.
Grains Mostly Lower on Profit Taking, Brazil Rain Chances, Outside Markets: Cattle Up for Third Day with Help from Equities
Grains mostly lower on profit taking, rain chances in Brazil and spillover from outside markets. Cattle higher with help from the equity rally. Hogs correct. John Heinberg, Total Farm Marketing, has more.
November 15, 2023 02:31 PM
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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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