Soybeans higher on China export news and SA weather, corn tries to follow after making new lows with a Mexican sale but is anchored by wheat. Wheat continues to struggle with technical selling and weak demand. Cattle try to recover after an ugly week and new lows for the move Monday morning. Mike Zuzulo, Global Commodity Analytics, has more.
Soybeans Up on SA Weather and China Export News, Corn Tries to Follow While Anchored by Wheat: Cattle See Bounce After Ugly Week
Soybeans higher on China export news and SA weather, corn tries to follow with a Mexican sale but anchored by wheat. Cattle try to recover after an ugly week. Mike Zuzulo, Global Commodity Analytics, has more.
November 13, 2023 05:27 PM
Related Stories
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Read Next
The change implements provisions in the One Big Beautiful Bill Act and updates long-standing Farm Service Agency rules that had capped many entity-based operations at a single payment limit.
