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Corn and soybeans see fund or corrective buying plus help from flash export sales. Dave Chatterton, Strategic Farm Marketing, says row crops are in a tug of war between speculative and hedge selling verses end user buying which could keep the markets sideways. There is also uncertainty tied to the election and possible tariffs or a trade war. Wheat saw support from disappointing rains in the Central Plains over the weekend but ended mixed with Russia still undercutting world wheat prices in their export program. Cattle saw profit taking and divergence with steady to higher cash and cutouts. Lean hog futures made new for the move highs as funds continue to buy but will they make new contract highs?
See omnystudio.com/listener for privacy information.
By Michelle RookCorn and soybeans see fund or corrective buying plus help from flash export sales. Dave Chatterton, Strategic Farm Marketing, says row crops are in a tug of war between speculative and hedge selling verses end user buying which could keep the markets sideways. There is also uncertainty tied to the election and possible tariffs or a trade war. Wheat saw support from disappointing rains in the Central Plains over the weekend but ended mixed with Russia still undercutting world wheat prices in their export program. Cattle saw profit taking and divergence with steady to higher cash and cutouts. Lean hog futures made new for the move highs as funds continue to buy but will they make new contract highs?
See omnystudio.com/listener for privacy information.

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