Row Crops Bounce on Weather & Yield Concerns, 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.

Row crops bounce slightly on hot dry extended weather, yield concerns 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.

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Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
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