Grains lower this morning seeing profit taking and technical selling after a disappointing close yesterday in corn and wheat, and with caution ahead of the Fed announcement today. Moisture is the Plains and Corn Belt is also a factor. Livestock are trading mixed consolidating after a higher day yesterday and with new contract highs in deferred live cattle. Michelle Rook has details.
Grains See Technical Selling Early, Ahead of Fed Announcement: Livestock Consolidating
Early pressure in grains with technical selling ahead of the Fed announcement. Livestock consolidate after the higher day Tuesday. Michelle Rook has details.
December 14, 2022 11:25 AM
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