Contract lows in corn and 6 1/2 month lows in soybeans with risk off technical selling, and improved SA weather. Farmer selling and a higher dollar were also factors. How much lower will prices fall?. Hog and milk futures also saw pressure, while cattle chased higher cash. Bryan Doherty with Total Farm Marketing has more.
Risk Off Technical Selling Hits All but Cattle: Corn Makes New Contract Lows
Contract lows in corn, 6 1/2 month lows in soybeans with risk off technical selling, & improved SA wx. Hog & milk futures also fall, while cattle chased higher cash. Bryan Doherty, Total Farm Marketing has more.
January 02, 2024 02:46 PM
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