Corn and wheat close higher on short covering and China export sales but how high can the markets run? Soybeans consolidate waiting for more Brazil wx news and caught between higher meal and lower bean oil. Cattle see a short covering bounce, but will it hold or be sold? And hogs see profit taking on bearish China news. Ted Seifried, Zaner Ag Hedge, explains.
Short Covering Continues in Corn, Wheat on China Sales, Soybeans End Flat: Cattle Bounce but Will it Hold?
Corn & wheat up on short covering, China sales but how high can markets go? Soybeans consolidate awaiting Brazil wx news. Cattle bounce but will it hold? Hogs see profit taking. Ted Seifried, Zaner Ag Hedge, explains.
December 05, 2023 02:38 PM
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