Soybeans and products lower on profit taking, Brazil rain and lower crude oil. That spilled over to pull corn and wheat off their highs despite flash export sales. Cattle fall with disappointing cash at $177/$280, with hogs mixed. Mike Minor, Professional Ag Marketing, has more.
Soy Complex Lower on Profit Taking, Brazil Weather...Pulls Corn and Wheat Off Highs: Cattle Fall with Cash, Hogs Mixed
Soy complex lower on profit taking, Brazil rain. That pull corn and wheat off highs despite export sales. Cattle fall with disappointing cash at $177/$280, hogs mixed. Mike Minor, Professional Ag Marketing, has more.
Related Stories
Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
Read Next
The Feikemas use cattle and hog waste to fuel 7,000 crop acres, eliminate insecticides and even guide land purchase decisions.


