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Corn & soybeans are lower, wheat mixed as many markets hit technical resistance & follow lower crude oil. More fund pressure in cattle, while hogs are 2-sided. Mike Zuzulo, Global Commodity Analytics, has details.
AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says China may buy more wheat and even corn. So, what will that mean for prices?
Corn & wheat up on short covering, China sales but how high can markets go? Soybeans consolidate awaiting Brazil wx news. Cattle bounce but will it hold? Hogs see profit taking. Ted Seifried, Zaner Ag Hedge, explains.
Wheat and Corn Try to Hold Gains on China Sales, But Soybeans Break: Cattle Bounce but Will it Hold?
Corn and wheat try to hold early gains on a 7.3 mb SRW wheat sale to China but hit resistance. Plus, soybeans remove Brazil weather premium. Cattle bounce but will it hold? Randy Martinson, Martinson Ag, has more.
Cattle Trying to Bottom, While Hogs Fall on Spreads: More China SRW Wheat Biz Pulls Grain Complex Up
Cattle try to recover after new lows yesterday. Is a bottom close? Meanwhile hogs fall on cattle/hog spreads. Row crops follow wheat higher on more SRW sales to China. Brad Kooima, Kooima Kooima Varilek, has more.
Wheat ends higher on fund short covering and China export biz. Soybeans remove Brazil weather premium, so corn ends flat. Cattle make new lows, gold reverses off new highs. Alan Brugler, Brugler Marketing, has more.
AgDay TV Markets Now: Alan Brugler, Brugler Marketing, says China needs to buy more wheat to get funds to cover their short position and corn could follow. Cattle make new lows and may not be done going down yet.
Wheat up on China export biz, pulling up corn. Soybeans fall on China news, Brazil rain chances. Cattle make new lows but are they bottoming? Gold hits record highs. John Payne, Hedge Point Global Markets has more.
SRW wheat up w/China sales confirmed. Corn fades Mexico sales on farmer selling. Beans 2-sided w/ firmer meal on export biz. New lows in cattle w/rising weights. Kent Beadle, Paradigm Futures has more.
AgDay TV Markets Now: Mike Minor, Professional Ag Marketing, says corn and wheat have a higher week but can they continue to rally?