Grains See Follow Through Buying, So is the Bottom In? More Profit Taking in Cattle

Grains see follow through buying and short covering but are the bottoms in? More profit taking in the cattle so is this topping action? Darin Newsom, Sr. Market Analyst with Barchart has the answers.

By Michelle Rook

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March 02, 2023 09:20 AM

Grains seeing some early strength after a short covering bounce yesterday. So is the market bottoming and what kind of recovery can we expect? Live cattle see some follow through selling and profit taking so will yesterday’s reversal hold? Hogs see a short covering bounce but will it hold? Darin Newsom, Sr. Market Analyst with Barchart has the answers.

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