Grains Pushed by Forecast, Russian Attacks on Ukraine Port: Cattle Fall on Higher Feed, Hogs Correct

Grains higher with hot dry extended forecasts and Russia again attacking Ukraine ports. How how will prices go? Cattle fall with higher corn, while hogs correct. Randy Martinson, Martinson Ag.

Grains higher with hot dry extended forecasts and Russia again attacking Ukraine ports, saying any ship will be considered military. How high will prices go after taking out resistance on the charts? Cattle fall with higher corn, while hogs correct. Randy Martinson, Martinson Ag.

AgWeb-Logo crop
Related Stories
Darin Newsom, senior market analyst with Barchart, says the funds set the direction of the trend the problem is they have skewed the markets to the point that the real fundamentals in agriculture don’t really matter.
Mark Schultz of Northstar Commodity, says the corn market may be running out of sellers as the funds have liquidated a big chunk of their long position. However, it is too early to call a bottom with corn harvest still underway.
Greg McBride of Allendale says corn and soybean futures are trying to bounce as they are oversold, the key is what will it take to bottom the markets?
Read Next
Two accidents. Two recoveries. Two back braces hanging on an office wall. And one lesson a California dairy nutritionist learned the hard way: “Professionally, we’re all replaceable. But family? That’s different.”
Get News Daily
Get Market Alerts
Get News & Markets App