Row crops bounce slightly on hot dry extended weather and soybean export biz, with wheat mixed. Cattle see more profit taking and fund selling, hogs struggle with bigger supplies, lower seasonals. Kent Beadle, Paradigm Futures has more.
Row Crops Bounce on Extended Forecast, Wheat Mixed: Livestock Lower on Fund Selling and Seasonals
Row crops bounce on weather and soybean export biz, wheat mixed. Cattle see more profit taking and fund selling, hogs struggle with bigger supplies, lower seasonals. Kent Beadle, Paradigm Futures has more.
August 30, 2023 09:19 AM
Related Stories
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
Read Next
Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.
