Grains Start Mixed Then Fund Selling Sets In: Live Cattle Consolidate

Beans fade the higher opening, drug down by corn and wheat. Live cattle see more profit taking, feeders up on softer corn. Vince Boddicker of Farmers Trading Company.

Grains start higher except wheat, then fund selling set in, despite strong corn exports, a lower Brazilian soybean number from CONAB and bean export business to unknown. Live cattle see more profit taking, feeder higher, will hogs hold early gains? Vince Boddicker of Farmers Trading Company has details.

AgWeb-Logo crop
Related Stories
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?
Read Next
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.
Get News Daily
Get Market Alerts
Get News & Markets App