Livestock and soybeans end higher with corn, wheat and the DOW fading early gains fueled by the better CPI news. Mark Schultz with Northstar Commodity has details.
Livestock and Soybeans End Higher: Corn, Wheat and Stock Market Fade Early Gains
Livestock and soybeans end higher with corn, wheat and stock market fading early gains fueled by the better CPI news. Mark Schultz with Northstar Commodity has details.
December 13, 2022 01:51 PM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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