Hogs and cattle trying to recover early after yesterday’s selloff due to disappointing cash and ahead of USDA Reports. Grains trade two-sided with decent weekly exports vs. improving weather in Argentina and the Southern Plains. Scott Varilek of Kooima Kooima Varilek has details.
Livestock Try to Recover After Cash Disappointment Thursday: Grains Trade Two-Sided on Weather vs. Exports
Livestock try to recover after lower cash, ahead of USDA Reports. Grains two-sided with good weekly exports, but traders are cautious with better weather. Scott Varilek of Kooima Kooima Varilek has more.
January 20, 2023 09:02 AM
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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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