Cattle see corrective buying after an ugly day Friday but how much technical damage was done? Hogs trying to consolidate. Corn falls with wheat and soybeans 2-sided. Brad Kooima, Kooima Kooima Varilek, has details.
Live Cattle See Corrective Buying After Ugly Friday, Hogs Consolidate: Corn Falls with Wheat, Soybeans 2-Sided
Cattle see corrective buying after an ugly Friday but how much technical damage was done? Hogs consolidating. Corn falls with wheat and soybeans 2-sided Brad Kooima, Kooima Kooima Varilek, has more.
November 27, 2023 09:17 AM
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Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
Naomi Blohm with Total Farm Marketing says the technical action is feeling like the market is probing for a low.
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