More Technical Selling in Grains on Macro Fears: Cattle and Hogs See Oversold Technical Bounce

Grains see more technical selling on macroeconomic fears as soybeans fade 4.6 mb of China biz. Cattle and hogs oversold and try to consolidate. Mike Minor, Professional Ag Marketing has more.

Grains see technical selling continue on macroeconomic fears as corn takes out chart support and soybeans fade 4.6 mb of China biz. Cattle and hogs oversold and are trying to consolidate but can they stage a bigger recovery? Mike Minor, Professional Ag Marketing has more.

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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
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.
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