Corn and soybeans continued to consolidate off recent highs in a risk off session tied to recessionary fears, while wheat saw a end of month short covering bounce. Cattle and hogs were pulled down by fund liquidation and lower cash. Michelle Rook has details with Rich Nelson of Allendale.
Wednesday Was Mostly Lower Except Wheat and Nearby Feeders, Fund Selling in Risk-Off Session. Lower Cash Weighs on Livestock
Row crops saw fund selling in a risk off session, while wheat was higher on short covering. Cattle and hogs were mostly lower on fund liquidation and lower cash. Michelle Rook talks with Rich Nelson of Allendale.
August 31, 2022 02:51 PM
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