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
Brad Kooima of Kooima Kooima Varilek says a market that moves three days against the last trend often confirms a low.
With the bounce on Tuesday and the friendly news from USDA there are hopes that the corn market has put in a low. Randy Martinson of Martinson Ag isn’t sure a bottom has been forged...yet.
Arlan Suderman, Chief Commodities Economist with StoneX says the corn and soybean markets were trading higher yields coming into the report and saw a positive reaction as a result.
Read Next
A rare, late-season cut of 1.6 bu. per acre to the national corn yield dropped ending stocks to 1.758 billion bushels, while stronger export demand trimmed soybean carryout despite record yields across the Western Corn Belt.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
