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.

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.

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DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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