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.

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.

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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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