Grains are drifting lower with more favorable extended weather, sluggish exports and awaiting direction from the WASDE. Will USDA make yield adjustments? Cattle bounce with lower corn, while hogs consolidate. Joe Vaclavik, Standard Grain.
Grains Slide on Forecasted Rains, Exports and Ahead of WASDE: Cattle See Technical Bounce with Lower Corn
Grains lower with wetter extended weather, sluggish exports & awaiting direction from the WASDE. Will USDA make yield adjustments? Cattle bounce on lower corn, while hogs consolidate. Joe Vaclavik, Standard Grain.
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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