Soybeans surge post WASDE with U.S. ending stocks unchanged and a surprise cut in global stocks. Corn carryover is also cut more than expected. Wheat follows row crops despite a bearish report. Cattle price in steady to higher cash, hogs follow. Mike Zuzulo, Global Commodity Analytics, has analysis.
Grains Surge Post WASDE with Surprise Cut in Global Soybean Stocks: Higher Cash Pushes Cattle, Hogs Follow
Soybeans up as U.S. stocks unchanged, global stocks cut. Corn carryover also sees a deeper drop. Wheat follows despite bearish report. Cattle price in steady to higher cash. Mike Zuzulo, Global Commodity Analytics.
October 12, 2023 02:28 PM
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