Soybeans Surge on SA Weather, Export Biz, Which Pulls up Corn and Wheat: Livestock Down on Profit Taking

Soybeans surge on SA weather concerns, export biz, lower $, which pulls wheat higher, corn off two-year lows. Livestock see profit taking, despite strong cash cattle news. Bryan Doherty, Total Farm Marketing, has more.

Soybeans surge on SA weather concerns, export biz, lower dollar which pulls wheat higher and corn off two-year lows. Livestock see profit taking after a higher week and despite better cash cattle news. Bryan Doherty, Total Farm Marketing, has more.

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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.
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