Live cattle hit contract highs & see profit taking, but how high will this market go? Hogs correct, while corn and beans are up with the lower $ and bouncing off support. @michellerookag talks to Brad Kooima of Kooima Kooima Varilek.
Live Cattle Hit New Highs then Correct, Hogs Consolidating While Corn and Beans are Up with Lower Dollar, Bounce off Support
Live cattle hit contract highs, then see profit taking. Hogs correct, while corn and beans are up with the lower $ and bouncing off support. @michellerookag talks to Brad Kooima of Kooima Kooima Varilek.
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
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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