Grain and livestock markets ended mixed reacting to USDA reports, Black Sea news, outside markets and it was also end of quarter. Michelle Rook gets the summary with Bryan Doherty of Total Farm Marketing.
Mixed Closes in Grain and Livestock: Markets Trade Reports, End of Quarter, Outside Markets and Black Sea News
Grain and livestock markets ended mixed reacting to USDA reports, Black Sea news, outside markets and it was also end of quarter. Michelle Rook gets the summary with Bryan Doherty of Total Farm Marketing.
September 30, 2022 02:02 PM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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