Corn and soybeans higher after holding major support the market is getting more technical buying awaiting harvest data. Wheat is seeing profit taking with the higher dollar. Funds back buying in cattle awaiting cash, while hogs consolidate with the drop in cutouts. Chuck Shelby, Risk Management Commodities, has more.
Row Crops See Technical Bounce Continue, Profit Taking in Wheat: Funds Back Buying in Cattle, Selling in Hogs
Row crops see the technical bounce continue awaiting yield data, wheat sees profit taking on a strong dollar. Funds back buying in cattle, while hogs consolidate. Chuck Shelby, Risk Management Commodities, has more.
September 14, 2023 01:05 PM
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