Grains Mostly Lower with Spec Selling and Profit Taking on a Risk Off Day; Will Dec Corn Hold $5, Nov Soybeans $12?

Grains and live cattle end mostly lower on spec selling on a risk off day. Sharply lower bean oil, planting pace and profit taking in the wheat were also features. Matt Bennett, AgMarket.Net explains.

Grains and live cattle end mostly lower on spec selling on a risk off day tied to the debt ceiling debate and recessionary talk. Sharply lower bean oil, planting pace and profit taking in the wheat were also features. Matt Bennett, AgMarket.Net explains.

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