Markets Continue Higher Except Cattle: Wheat and Corn Put in War Premium Which Weighs on Cattle

Grains higher with corn and wheat putting in war premium, pulling soybeans up. Cattle sell off with higher corn, while hogs see technical buying. Michelle Rook talks to Jeff Hoogendoorn, Professional Ag Marketing.

Grains continue higher with corn and wheat putting in war premium and pulling soybeans along. How high do we go if corn can close above $7? Cattle react negatively to higher corn, while hogs continue to see technical buying. Michelle Rook gets analysis with Jeff Hoogendoorn of Professional Ag Marketing.

AgWeb-Logo crop
Related Stories
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.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.
Get News Daily
Get Market Alerts
Get News & Markets App