Despite some corn business to Mexico, grains are mostly lower early on with better weather and pre-report positioning. So, what will USDA do with yield in next week’s WASDE? Cattle see a technical bounce with lower corn while profit taking pressures nearby hogs. Jim McCormick, AgMarket.Net has details.
Grains Mostly Lower on Weather, Awaiting WASDE and Yield Direction: Cattle Bounce with Lower Corn, While Profit Taking Pressures Hogs
Grains mostly lower w/better weather, pre-report positioning awaiting what USDA does with yield in the WASDE. Cattle see a technical bounce w/lower corn, profit taking pressures nearby hogs. Jim McCormick, AgMarket.Net.
July 07, 2023 09:16 AM
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