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.

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.

AgWeb-Logo crop
Related Stories
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
Wheat futures were up 30 to 35 cents early Wednesday adding risk premium as Russia and Ukraine attacks have escalated says Jamie Gieseke with Paradigm Futures.
Rich Nelson, chief strategist for Allendale says row crops are pausing right now until the weather story is really decided, while wheat is concerned about rising tensions in the Black Sea region.
Get News Daily
Get Market Alerts
Get News & Markets App