Soybeans See Harvest Pressure, Corn Tries to Hold Gains with Big Mexico Buy: Cattle Fade COF and Consolidate

Grains mixed. Soybeans see harvest pressure, corn tries to hold gains with a 65.4 mb Mexico buy, wheat mixed on spreads. Cattle fade the COF w/profit taking, hogs bounce. Randy Martinson, Martinson Ag, has details.

Grains mixed with soybeans seeing harvest pressure, corn trying to hold gains with the 65.4 mb Mexico buy, wheat mixed on spreads. Cattle fade the COF with profit taking, hogs bounce. Randy Martinson, Martinson Ag, has details.

AgWeb-Logo crop
Related Stories
Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
Scott Varilek with Kooima Kooima Varilek says the live cattle were overbought after rallying $21 off the lows.
Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
Read Next
NASS identified a processing error affecting September corn data for Kansas, Nebraska and national figures. The agency says its October forecast of 181.2 bu. per acre remains unchanged, leaving questions about the yield jump.
Get News Daily
Get Market Alerts
Get News & Markets App