Soybeans correct as China says denies easing their COVID policy and corn is following. Wheat seeing a technical bounce with the lower dollar. Export inspections, WASDE and elections all being worked in. Livestock higher on technical buying and higher product values. Michelle Rook talks to Shawn Hackett of Hackett Financial Advisors.
Soybeans Lower on China COVID News, Technical Bounce in Wheat: Livestock up on Technical Buying, Strong Products
Soybeans correct on China COVID policy, corn follows. Wheat sees technical bounce w/lower dollar. Livestock up on technical buying, higher product. Michelle Rook w/ Shawn Hackett of Hackett Financial Advisors.
Related Stories
Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
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.
Read Next
As producers navigate financial strain and D.C. disconnect, realities such as steep input costs, trade frustrations and E15 limbo are becoming decisive factors shaping the rural vote.


