Soybeans higher with a strong NOPA crush and export inspections plus higher bean oil. Corn lower after hitting $5 chart resistance with harvest progressing. Wheat mixed but its mainly a follower of corn and beans. Cattle consolidate ahead of the COF and despite higher cash and cutouts, hogs fall with soft cash and product values. Brian Grete, Pro Farmer, has more.
Soybeans up on Demand News, Corn Fails Shy of $5, Wheat Mixed: Cattle Consolidate Pre-Report
Soybeans up on demand news and bean oil rally. Corn lower after hitting $5 resistance. Wheat mixed. Cattle consolidate ahead of the COF, hogs fall with soft cash and product. Brian Grete, Pro Farmer, has more.
October 16, 2023 02:29 PM
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