Row Crops Fall with Outside Market Pressure, Wheat Holds on Ukraine News: Cattle Consolidating, Hogs Extend Gains

Corn & beans fade with outside markets despite friendly soybean export news. Wheat holds gains on short covering and Ukraine headlines. Cattle consolidate. Hogs extend gains. DuWayne Bosse, Bolt Marketing, has more.

Corn and beans lose early strength with outside market pressure despite supportive soybean export news. Wheat holds gains on short covering and Ukraine headlines. Cattle continue to consolidate, so is the high in? Hogs extend gains. DuWayne Bosse, Bolt Marketing, has more.

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Scott Varilek with Kooima Kooima Varilek says the live cattle were overbought after rallying $21 off the lows.
Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
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