Soybeans up Disappointing Brazil Rain, Wheat Lower, Corn Follows: Funds Use Early Strength to Sell Cattle and Hogs

Soybeans up on corrective buying, disappointing Brazil rains. Wheat lower on poor demand, dragging down corn. Funds use early strength to liquidate in both cattle and hogs. Kent Beadle, Paradigm Futures, has more.

Soybeans see corrective buying with disappointing Brazil rains and extended forecasts. Wheat sees more contract lows in KC on poor demand and corn follows. But with hedge pressure corn is also fading Mexico biz. Funds use early strength to liquidate in both cattle and hogs. Kent Beadle, Paradigm Futures, has more.

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