Grains slide into the end of the month and pre-holiday with technical selling and positioning but a chance of rain in the southern corn belt also weighed on the markets. Cattle traded 2-sided but recovered after steady cash broke at $179 in the south, while hogs saw fund liquidation with lower cash. Chip Nellinger, Blue Reef Agri-Marketing has more.
Grains Slide End of Month with Hint of Rain: Cattle Recover with Steady Southern Cash
Grains slide on end of month, pre-holiday squaring w/a hint of rain in the forecast. Cattle recovered w/steady southern cash at $179, while hogs followed lower cash. Chip Nellinger, Blue Reef Agri-Marketing has more.
August 31, 2023 02:56 PM
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