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
Related Stories
Follow these time-tested, expert recommendations this fall and winter to ensure you don’t overpay or get stuck with a machine with low resale value.
Take a quick trip with us to Beaver Falls, Pa., the hometown of Broadway Joe Namath and an impressive fleet of classic Oliver 55-Series tractors still hauling manure and tilling up Allegheny Valley dirt.
These timeless workhorses might be the first tractor you ever drove, or maybe Dad or Grandpa tooled around on one back in the day. Dive in for some serious tractor nostalgia.
Read Next
The question facing U.S. agriculture is whether current farm aid is a bridge through temporary hardship — or a pier toward more structural government support.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
