Grains try to hold a corrective bounce after getting oversold. Cattle back up positioning ahead of the COF report but is the volatility also topping action? Hogs see follow through selling and profit taking. Vince Boddicker, Farmers Trading Company has more.
Grains Try to Hold Corrective Bounce: Cattle Up Ahead of COF Report, Profit Taking in Hogs
Grains try to hold an early technical bounce. Cattle up on COF report positioning but is the volatility topping action? Hogs see follow through profit taking. Vince Boddicker, Farmers Trading Company has more.
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.


