After early profit taking live cattle are off lows with the bullish COF and cash ideas supportive. Hogs are seeing fund buying and bull spreading, while corn is two-sided watching CO and the dollar. Michelle Rook w/Brad Kooima of Kooima Kooima Varilek.
LC Two Sided on Profit Taking vs. Bullish COF & Cash Ideas, Hogs See Fund Buying: Corn 2-Sided
Live cattle see profit taking after bullish COF and cash ideas. Hogs seeing fund buying and bull spreads, corn is two-sided watching outside markets. Michelle Rook w/Brad Kooima, Kooima Kooima Varilek.
November 22, 2022 11:51 AM
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Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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