Corn and soybeans higher on report positioning and corrective buying end of quarter. Wheat falls with higher dollar. Basis levels have weakened substantially with the low river levels. Cattle fade an early bounce. Nick Tsiolis, Farmers Keeper, has more.
Markets Lean Higher Except Wheat and Cattle with Corrective Buying, Report Squaring: Grain Basis Weakens with Lower River
Row crops higher on report squaring, corrective buying end of quarter. Wheat falls with higher dollar. Basis levels weak with the low river levels. Cattle fade early bounce. Nick Tsiolis, Farmers Keeper, has more.
September 27, 2023 10:01 AM
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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