Grains close mixed with soybeans still working in the bullish USDA numbers but sharply higher soybean oil and crude oil also helped. Corn and wheat both ended mixed on profit taking and hedge pressure and that also explains the action in cattle. Randy Martinson of Martinson Ag has full details.
Soybeans Rally with Bean and Crude Oil: Profit Taking Hits Corn, Wheat and Cattle
Soybeans higher still working in the bullish USDA numbers and higher soybean oil. Corn and wheat end mixed on profit taking and hedge pressure. Cattle lower on consolidation. Randy Martinson of Martinson Ag.
April 03, 2023 02:15 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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