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.
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.
November 28, 2023 02:34 PM
Related Stories
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.
Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
Naomi Blohm with Total Farm Marketing says the technical action is feeling like the market is probing for a low.
Read Next
Goliath, meet David. “It’s way past time for everyone to wake up,” says Fenn Church.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
