Grains rallied after several bullish surprises in the USDA report numbers with soybeans back above $15 but it the news enough to keep the markets moving higher? Meanwhile, livestock set back in response to higher corn and in the case of hogs, lower cash. DuWayne Bosse with Bolt Marketing has details.
Grains Rally After Bullish Surprises in USDA Reports: Will the Market Keep Going?
Grains rallied after several bullish surprises in the USDA report numbers but it the news enough to keep the markets moving higher? Livestock set back in response. DuWayne Bosse with Bolt Marketing has details.
January 12, 2023 02:24 PM
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
East-central Iowa field agronomist says misjudging corn growth stage, not herbicide choice, can be the biggest risk in post-emerge passes.
