Grains lower on fund selling and removing weather premium, but still sensitive to changing forecasts and Black Sea war news. Cattle higher as feedlots hold out for higher cash and softer corn supports feeders. Hogs still pushed by the rising cash index and August has a chart breakout. Scott Varilek of Kooima Kooima Varilek has the summary.
Grains See More Fund Selling, Removing Weather Premium: Cattle Supported as Feedlot Hold for Higher Cash, Hogs Follow Index
Grains lower on fund selling, removing weather premium. Cattle up on softer corn and as feedlots hold out for higher cash. Hogs still pushed by the rising cash index. Scott Varilek, Kooima Kooima Varilek summarizes.
July 28, 2023 11:31 AM
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