Livestock consolidating with higher feed prices and weak product values. However, cattle are still supported by strong cash. Grains mixed with soybeans and meal seeing a big rally on export biz and Argentina weather concerns, corn is trying to follow. Michelle Rook talks with Brad Kooima of Kooima Kooima Varilek.
Livestock See Steep Losses with Higher Feed, Soft Product: Rally in Beans and Meal, Corn Follows
Livestock consolidating with higher feed prices and weak product values. However, cattle supported by strong cash. Grains mixed with corn following higher beans and meal. Brad Kooima, Kooima Kooima Varilek.
Related Stories
Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Read Next
Applying a keen sense of business and creating non-farm assets, Tim Nuss unlocks a flywheel effect to propel the Nuss Farms forward.


