Row crops close higher pricing in yield cuts in the WASDE, with contract lows in wheat. Feeders make all-time highs with live cattle trying to follow. Is the dollar index topping? Shawn Hackett, Hackett Financial Advisors has analysis.
Row Crops Higher Expecting Yield Cuts in the WASDE, But Contract Lows in Wheat: Feeders Hit All-Time Highs
Row crops up on the yield cuts expected in the WASDE, while wheat hits contract lows. Feeders make all-time highs, live cattle try to follow. Is the dollar topping? Shawn Hackett, Hackett Financial Advisors has more.
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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