Grains See Corrective Bounce Assessing Derecho Damage, Awaiting Reports: Cattle Mixed, Hogs Turn Mixed After Bearish Report

Grains higher on corrective bounce, positioning pre-report and assessing storm damage and weather. Live cattle supported by steady cash in the north, hogs work in bearish report numbers. Randy Martinson, Martinson Ag.

Grains higher on corrective bounce, positioning ahead of reports and assessing storm damage and weather. What will the market trade today with all those factors? Live cattle supported by steady cash in the north, feeders down with higher corn, hogs work in bearish report numbers. Randy Martinson, Martinson Ag has details.

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Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
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