Soybeans see harvest pressure & technical selling, taking out the August low. That weighs on corn despite a 64.5 mb Mexico buy. Wheat mixed. Cattle come off lows, while hogs bounce. Kent Beadle, Paradigm futures has more.
Soybeans Take Out Support on Harvest Pressure, Pulling Down Corn Despite Large Mexico Sale: Cattle Come Off Lows
Soybeans see harvest pressure & technical selling, taking out support. That weighs on corn despite a 64.5 mb Mexico buy. Wheat mixed. Cattle come off lows, while hogs bounce. Kent Beadle, Paradigm futures has more.
September 25, 2023 11:38 AM
Related Stories
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
Read Next
Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.
