Grains mixed and quiet ahead of the WASDE report but outside markets have settled down. Livestock mostly lower with cattle consolidating awaiting cash direction and hogs pressured by rising numbers. Michelle Rook has a short update.
Grains Quietly Mixed Awaiting WASDE: Livestock See Early Pressure
Grains mixed & quiet ahead of the WASDE report but outside markets have settled down. Livestock mostly lower w/cattle consolidating awaiting cash and hogs pressured by rising numbers. Michelle Rook an update.
March 08, 2023 09:09 AM
Related Stories
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.
