Grains mostly higher on corrective buying after corn and wheat made new contract lows this week. Wheat also rallied on talk of China export sales and a Russian wheat ban and corn may see liquation slowing ahead of first notice day. Soybeans keep an eye on Brazil weather. Cattle and hogs continued to recover but are they confirming lows? Rich Nelson of Allendale has details.
Wheat Leads Grains Mostly Higher on Corrective Buying and Export News: Cattle and Hogs Extend Gains and Confirm Lows?
Grains mostly higher on corrective buying and wheat export news. Soybeans keep an eye on Brazil weather. Cattle and hogs continued to recover but are they confirming lows? Rich Nelson of Allendale has details.
November 29, 2023 07:54 PM
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Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
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