Grains were lower on follow through technical selling, lower crude oil, economic concerns and rising China COVID cases. Cattle saw a corrective bounce helped by corn. Bryan Doherty of Total Farm Marketing has details.
Grains See Follow Through Technical Selling with Lower CO: Corrective Bounce in Cattle with Lower Corn
Grains were lower on follow through technical selling, lower crude oil, economic concerns & China COVID cases. Cattle saw a corrective bounce helped by corn. Bryan Doherty of Total Farm Marketing has details.
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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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