Grains Turn Mixed Trying to Establish Short Term Bottoms: Firmer Cash Supports LC, Milk Markets Struggle

Grains mixed after a higher start looking for support but is this bottoming action? LC trade firmer cash but cautious ahead of the COF. Milk markets struggle w/demand & supply. Bryan Doherty, Total Farm Marketing.

By Michelle Rook

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May 19, 2023 11:33 AM

Grains turned mixed after the higher start with the market trying to find support but is this bottoming action? And do we have most of the bearish news priced in yet? Live cattle see support from firmer cash but are cautious ahead of the COF. Milk markets continue to struggle with demand and supply issues. Bryan Doherty of Total Farm Marketing sums it up.

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