Markets Mostly Higher Midday Livestock Supported by Higher Cash and Cutouts: Soybeans by Argentina Frost, Corn Tries to Follow

Markets are mostly higher at midday with cattle and hogs supported by higher cash and cutouts. Soybeans and meal trading Argentina frost and trying to pull corn along. Brad Kooima of Kooima Kooima Varilek.

Markets are mostly higher at midday with cattle and hogs supported by higher cash and cutouts. Soybeans and meal trading Argentina frost and trying to pull corn along. Brad Kooima of Kooima Kooima Varilek.

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Chip Nellinger of Blue Reef Agri-Marketing says the soybean complex saw technical selling with funds still holding a sizable long in soybeans and meal.
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The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.
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