Grains seeing a technical bounce this morning, but will it hold? Cattle under pressure in response, while hogs are slightly higher but are they trying to bottom? Tomm Pfitzenmaier of Summit Commodity Brokerage has details.
Grains See Technical Bounce but Will It Hold? Cattle Lower with Higher Corn, Hogs Trying to Bottom?
Grains seeing a technical bounce, but will it hold? Cattle under pressure in response, while hogs are slightly higher but are they trying to bottom? Tomm Pfitzenmaier of Summit Commodity Brokerage has details.
January 24, 2023 08:57 AM
Related Stories
DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
Read Next
With summer patterns running four weeks behind schedule, meteorologist Don Day urges growers to plan in short windows for the second half of the growing season.
