Grains end higher with soybeans holding Brazil weather premium, corn follows and wheat was oversold and saw short covering. Cattle see long funds selling on any strength while hogs saw pressure from lower cash and China herd liquidation. DuWayne Bosse, Bolt Marketing, joins us from the tractor cab.
Soybeans Hold SA Weather Premium, Corn and Wheat Follow with Corrective Buying: Funds Sell Livestock
Grains up with soybeans adding Brazil wx premium, corn follows and wheat saw corrective buying. Cattle see long funds selling on any strength, while hogs fall. DuWayne Bosse, Bolt Marketing, joins us from the tractor.
November 21, 2023 02:51 PM
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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