Grains Rally Back on Holiday, Technical Buying: Livestock Lower, Cattle Fade Higher Cash

Grains rally back into the close with technical buying and holiday positioning. Cattle closed lower even with higher cash, hogs also sold off. Michelle Rook w/ Mike Minor of Professional Ag Marketing.

Grains rally back into the close with technical buying and holiday positioning, but the 4 mb export sale to China was helpful as well as higher seasonals. Cattle closed lower a disappointment with higher cash, hogs also sold off. Michelle Rook talks with Mike Minor of Professional Ag Marketing.

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Mike Zuzolo, Global Commodity Analytics, says grains were pressured by a host of factors including weather and fund liquidation.
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
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