Grain markets ended higher on corrective buying after corn and soybeans held support but were also putting in weather premium. Wheat followed. How much of a relief rally can we expect? Cattle consolidated after putting in a double top and with a neutral COF report, hogs hit contract lows. Naomi Blohm, Total Farm Marketing has more.
How Far Can Grains Extend This Weather/Recovery Rally?: Profit Taking in Cattle, Contract Lows in Hogs
Corn and soybean markets were up on corrective buying and putting in weather premium. Wheat followed. Cattle saw profit taking after a neutral COF report, hogs hit contract lows. Naomi Blohm, Total Farm Marketing.
May 22, 2023 02:41 PM
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