Live Cattle Lower Despite Positive Fundamentals and Higher Feeders, Hogs Lower: Grains See Corrective Bounce, Weather Premium

Live cattle look lethargic midday despite positive fundamentals & higher feeders, hogs are mostly lower. Grains higher with technical buying, weather premium. Brad Kooima of Kooima Kooima Varilek has details.

Live cattle look lethargic midday despite positive fundamentals and higher feeders, hogs are mostly lower. Grains are all higher with technical buying and weather a factor. Brad Kooima of Kooima Kooima Varilek has details.

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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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