Soybeans continue to see technical selling as the market removes weather premium, while corn and wheat are seeing a bit of a technical bounce. The risk off in the equities continues to pressure livestock was well as lower cash. Jeff Hoogendoorn of Professional Ag Marketing has analysis.
Technical Selling Continues in Soybeans, While Corn and Wheat Bounce: Lower Equities and Cash Pressure Livestock
Soybeans see more technical selling, removing weather premium, while corn and wheat stage a technical bounce. Lower equities and cash pressure livestock. Jeff Hoogendoorn of Professional Ag Marketing has more.
January 19, 2023 11:30 AM
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