Grains See Corrective Buying Post Report with Lower Dollar: Cattle Consolidate Ahead of Cash, Hogs Bounce

Grains higher on a corrective bounce with a lower dollar, still digesting the report, watching weather & debating yield. Cattle continue to consolidate. Hogs bounce with strong cash. Naomi Blohm, Total Farm Marketing.

Grains close higher on a corrective bounce with the lower dollar, still digesting the report, watching weather and debating yield. Cattle continue to consolidate after the reversal but is a bigger correction coming? Hogs bounce with higher cash. Naomi Blohm, Total Farm Marketing has details.

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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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