Soybeans Fall as China Buys Argentina Beans, Corn Follows: Cattle Hit All-Time Highs on Higher Cash

Soybeans down as China buys Argentina beans. Corn follows with harvest pressure. Wheat sees technical buying. Cattle make all-time highs on higher cash. Hogs consolidate. John Heinberg, Total Farm Marketing, has more.

By Michelle Rook

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September 15, 2023 03:52 PM

Soybeans see profit-taking and a poor technical close with talk of China buying Argentina beans and a disappointing NOPA crush figure. That weighed on corn as well as harvest pressure. Wheat sees technical buying trying to put lows in. Cattle make all-time highs on higher cash, with $183 in the south up $3 and $292 in the north steady to $2 higher. Hogs are consolidating after hitting chart resistance. John Heinberg, Total Farm Marketing, covers it all!

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