Grains Try to Bounce as Retracements Hit, Trade Weather, Drought, Reports: Cattle and Hogs Consolidate

Grain try to bounce after hitting retracement and as drought expands, pre-report. Cattle consolidate with higher corn, hogs also set back before the report. DuWayne Bosse, Bolt Marketing.

Grains try to firm up after hitting chart retracement levels and drought expands but fight rains on the radar and forecast and reports. So have the markets taken out too much weather premium? Cattle start firmer then fade with higher corn and profit taking. Hogs also consolidate before the report. DuWayne Bosse with Bolt Marketing has more.

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