Profit taking hits the soy complex. Short covering in wheat with a softer dollar, corn caught in the middle. Cattle consolidate and then hit more all-time highs with better northern cash. How high is crude oil going? Darin Newsom, Barchart has details.
Soybeans Correct Lower, Short Covering in Wheat, Corn Caught in Middle: Cattle Consolidate Then Set All-Time Highs
Profit taking hits the soy complex. Short covering in wheat, corn caught in the middle. Cattle consolidate then hit all-time highs, better No. cash, Crude oil strong. Darin Newsom, Barchart has details.
September 15, 2023 10:43 AM
Related Stories
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
Read Next
Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.
