Markets From the Tractor on a Higher Day Except Corn: China Talk and SA News Drive Row Crops

Corn sees harvest pressure, soybeans up on China talk and SA news. Wheat sees short covering. Dec live cattle filled the chart gap but can they keep going? DuWayne Bosse, Bolt Marketing, joins us while harvesting corn!

Corn sees harvest pressure, with soybeans rallying on China talk and SA weather/estimates. Wheat sees short covering with the lower dollar. Live cattle filled the chart gap in the Dec but can they keep going? Hogs back up but into chart resistance. DuWayne Bosse, Bolt Marketing, joins us in the tractor while harvesting corn!

AgWeb-Logo crop
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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.
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.
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