Wheat hits new lows in KC on technical selling, better crop ratings than 2022 and talk of Russia lowering its export tax. Corn and beans higher on corrective buying, a Mexican bean sale, higher meal and watching SA weather. Cattle still consolidating but nearing chart resistance. Kevin Duling, KD Investors has more.
Soybeans See Corrective Buying, Fund Selling and Ratings Hit Wheat, Corn Stuck: Cattle Consolidating Under Chart Resistance
Wheat hits new lows in KC on fund selling, crop ratings, talk of Russia lowering its export tax. Row crops up on corrective buying. Cattle consolidating under chart resistance. Kevin Duling, KD Investors has more.
October 31, 2023 03:19 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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