Markets are mixed and quiet early today. Can corn and wheat recover after the technical damage done last week or will funds continue to sell? Soybeans continue to be supported by SA weather and China’s easing COVID policy, despite the implosion in BO. What’s ahead for cattle in the new year? Kevin Duling of KD Investors has details.
Markets Mixed Early: Soybeans Up with China COVID Policy Easing, Will Funds Keep Selling Corn and Wheat?
Markets are mixed early. Can corn and wheat recover after technical damage or will funds sell more? Soybeans up on easing China COVID policy. What’s ahead for cattle? Kevin Duling of KD Investors has details.
December 05, 2022 08:56 AM
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DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
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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