Soybeans and meal see follow-through selling with report hangover. How much lower do prices go? Corn bounces off support and follows wheat, which may have bottomed? Cattle further consolidate after getting overbought, hogs mixed. DuWayne Bosse, Bolt Marketing, breaks it down.
Soybeans Slide on Report Hangover, Corn Bounces Off Support Following Wheat: Cattle Further Consolidate
Soybeans see follow-through selling with report hangover. Corn follows wheat, which may have bottomed? Cattle further consolidate after getting overbought, hogs mixed. DuWayne Bosse, Bolt Marketing, breaks it down.
September 13, 2023 03:27 PM
Related Stories
Corn and soybeans were lower on Thursday seeing further consolidation after hitting chart resistance and with the WASDE on Friday.
Grain markets were lower on Wednesday and to start Thursday, seeing profit taking after hitting key chart resistance and with cooler, wetter extended weather forecast for the Midwest. That’s according to Randy Martinson with Martinson Ag.
Live cattle futures were lower again on Wednesday and have spent several consecutive days under the 100-day moving average. Brad Kooima with Kooima Kooima Varilek says it is looking like more than a healthy correction.
Read Next
Under a 10-year settlement, farmers gain the same capabilities as dealers to reset fault codes, pair electronic components and bypass emissions-related shutdowns.
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.
