Grain and livestock prices are mostly higher early in the session, except soybeans. Wheat is seeing a short covering bounce which seems to be helping corn, while soybeans are seeing profit taking the other way with lower meal and soybean oil a drag. Cattle continue to make new highs for the move on fund buying and higher cash trade ideas and hogs see similar action. Michelle Rook talks with Allison Thompson of The Money Farm.
Mostly Higher Grain and Livestock Prices Except Soybeans Early Tuesday
Grain and livestock prices are higher early, except soybeans. Grains see corrective action while funds buy in livestock with higher cash supportive. Michelle Rook talks with Allison Thompson of The Money Farm.
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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