Soybeans Fall, While Corn and Wheat Struggle to Hold Gains: Cattle Consolidate Awaiting Cash

Soybeans fall on China GDP news, while corn and wheat struggle to hold early gains. Why? Cattle consolidate awaiting cash, while hogs struggle with processing hiccpus. Kent Beadle, Paradigm Futures, has details.

Soybeans under pressure on China GDP news, while corn and wheat struggle to hold early gains. Why? Cattle consolidating awaiting cash, while hogs remain concerned about weather backup up marketings. Kent Beadle, Paradigm Futures, has details.

AgWeb-Logo crop
Related Stories
Live cattle futures were lower again on Wednesday and have spent several consecutive days under the 100-day moving average. Brad Kooima with Kooima Kooima Varilek says it is looking like more than a healthy correction.
Mark Knight of Farmers Keeper Financial says the market was looking for confirmation of China soybean purchases and now will need to see more sales to continue the rally.
November soybeans failed to close above the key $12 level and Naomi Blohm of Total Farm Marketing thinks the market may be running out of runway as Monday was mostly technical buying.
Get News Daily
Get Market Alerts
Get News & Markets App