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
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Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
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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.
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