Soybeans and corn higher putting in late season weather premium with the lower Pro Farmer yields and new export biz. Technical selling and talk of Russia coming back into the Black Sea grain deal weighing on wheat. Cattle mixed following steady to lower cash but higher cutouts, hogs continue to slide. Tomm Pfizenmaier, Summit Commodity Brokerage has details.
Row Crops Higher on Weather, Tour Results and Export Biz, Wheat a Drag: Livestock Mixed
Soybeans and corn up on weather and export biz. Talks with Russia on reentering the Black Sea grain deal weigh on wheat. Cattle mixed, hogs continue to slide. Tomm Pfizenmaier, Summit Commodity Brokerage has more.
August 28, 2023 09:32 AM
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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.
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