Commodity markets were higher on Wednesday except for hogs. Soybeans scored new contract highs and corn following. Both saw bull spreading again indicating strong demand. Meanwhile wheat reluctantly followed with continued uncertainty about the Ukrainian export status. Cattle futures hit one month highs pushed by better than expected cash, while hogs set back on profit taking and lower cash trade at midday. Michelle Rook got analysis with Pat Von Tersch of Professional Ag Marketing.
Soybeans and Cattle the Standouts Wednesday
Markets mostly higher on Wednesday....soybeans and cattle were the standouts.
June 08, 2022 02:45 PM
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