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Grains lower with more fund liquidation in pre-holiday trade, with SA rains and China COVID concerns. Livestock firmer with the lower feed prices and cold weather. Kevin Duling of KD Investors has details.
USDA has announced the details of the Cattle Contract Library Pilot Program to help cattle producers get better information about the cattle market.
2023 is around the corner and analysts are already talking about what to expect.
Grain markets end mixed after focusing on recessionary talk and the risk off in outside markets, while livestock rebound with help from strong cash and cutouts.
A look ahead at the coming week’s markets including how the weather may finally get some attention in the trade.
Soybeans rebounding following meal and with Argentina crop concerns, wheat and corn trade on both sides of steady. Livestock rebound with strong cash and cutouts. Randy Martinson of Martinson Ag.
AgDay TV Markets Now: Jim McCormick of AgMarket.Net joins AgDay TV’s Michelle Rook with a summary of how the risk off day in outside markets hit the beans, but corn and wheat were able to rally.
A risk off day in the outside markets, including DOW, weighs on livestock and soybeans. Wheat put in weather premium and pulled corn higher in the process. Jim McCormick of AgMarket.Net has details.
Livestock seeing fund selling again and spillover from the lower DOW. Soybeans and products consolidate, with corrective buying in wheat, corn is following. Scott Varilek of Kooima Kooima Varilek has details.
Grains mixed early with soybeans consolidating despite strong weekly exports, technical buying supports wheat and corn. Livestock see more consolidation with lower products. Kent Beadle with Paradigm Futures.