Grains start higher with follow through buying and export news, but corn and beans hit chart resistance and retrace. Wheat is supported by China biz and the Middle East conflict, which is also pushing crude oil higher. Cattle start higher on higher cash, then see profit taking. Darin Newsom, Barchart, has more.
Grains Start Higher but Corn and Soybeans Fail, Wheat Sees China Biz: Cattle Consolidate
Grains start higher but row crops hit chart resistance and retrace. Wheat supported by China biz, oil up on Middle East conflict. Cattle start higher, then see profit taking. Darin Newsom, Barchart, has more.
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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