Higher grain and livestock futures with a risk on day as the outside markets are responding positively to the better-than-expected CPI. Michelle Rook has details.
Higher Grain and Livestock Trade with Risk on Day in Outside Markets: CPI Better Than Expected
Higher grain and livestock futures with a risk on day as the outside markets are responding positively to the better-than-expected CPI. Michelle Rook has details.
December 13, 2022 08:50 AM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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