Markets are mostly lower except wheat with some turn around Tuesday profit taking and risk off in outside markets. Soybeans seeing harvest pressure and fading China soybean and SRW biz. Cattle are at critical support, so will it hold? And has corn put in its harvest low? Brad Kooima of Kooima Kooima Varilek has the answers.
Markets Mostly Lower on Profit Taking, Risk Off in Outside Markets: Will Cattle Hold Support and Has Corn Put in a Harvest Low?
Markets lower except wheat with profit taking and fading China soybean and SRW biz. Cattle are at critical support, so will it hold? And has corn put in its harvest low? Brad Kooima of Kooima Kooima Varilek has more.
October 03, 2023 09:46 AM
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Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
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Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
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