Markets Recover in All but Corn Which Hits Three Year Lows: Cattle Surge with Jan Feeders Limit Up

Ag markets see corrective buying except corn which hits contract lows. Cattle surge with a limit up day in Jan feeders. Can the markets build on this recovery Tomm Pfitzenmaier, Summit Commodity Brokerage has more.

Ag markets rebound seeing corrective buying except corn which hits contract lows. Cattle surge with a limit up day in Jan feeders. Can the markets build on this recovery and why didn’t corn follow? Tomm Pfitzenmaier, Summit Commodity Brokerage has more.

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Wheat futures were up 30 to 35 cents early Wednesday adding risk premium as Russia and Ukraine attacks have escalated says Jamie Gieseke with Paradigm Futures.
Rich Nelson, chief strategist for Allendale says row crops are pausing right now until the weather story is really decided, while wheat is concerned about rising tensions in the Black Sea region.
Kevin Duling with KD Investors says corn and soybeans eased with a 1% improvement in ratings, while the weather is moderating.
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