Soybeans up on weather and export biz, corn down with wheat and on poor technicals after the reversal Friday, weekend rains and higher yield ideas. Cattle consolidate despite steady to higher cash, hogs seasonally slide. Mike Minor, Professional Ag Marketing has more.
Soybeans Higher on Weather, Export Biz While Corn Lower with Wheat and Growing Yield Ideas: Cattle and Hogs Mostly Lower Consolidating
Soybeans up on weather and export biz, corn down on poor technicals and higher yield ideas. Cattle consolidate despite steady to higher cash, hogs seasonally slide. Mike Minor, Professional Ag Marketing has more.
August 14, 2023 09:35 AM
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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.
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