Soybeans Up on Brazil Weather, Export Biz but Corn and Wheat See Profit Taking: Cattle Still Trying to Bottom

Soybeans add Brazil wx premium with fresh export biz, corn tries to follow but falls with wheat on profit taking. Cattle drift still trying to find a bottom. Allison Thompson, joins us from The Money Farm.

Soybeans up adding Brazil wx premium and with fresh export biz, corn is trying to follow while wheat is seeing profit taking. Cattle drift still trying to find a bottom and watching the list of economic data out this week. Allison Thompson, joins us from The Money Farm.

AgWeb-Logo crop
Related Stories
Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
Naomi Blohm with Total Farm Marketing says the technical action is feeling like the market is probing for a low.
Brad Kooima with Kooima Kooima Varilek says the charts look positive but he thinks a healthy correction is in store. He’s also skeptical about USDA’s new cash report.
Get News Daily
Get Market Alerts
Get News & Markets App