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Bryan Doherty, Total Farm Marketing, says grains limp into the weekend on profit taking after hitting chart resistance but also farmer selling and rain chances in South America and the Southern Plains in the 10 day outlook. However, prices should be well supported by strong underlying demand. Live cattle consolidated heading into the weekend and Cattle on Feed Report despite $2 higher cash. The report showed on feed slightly below 100%, Placements at 98% just above expectations, Marketings at 102%.
See omnystudio.com/listener for privacy information.
By Michelle RookBryan Doherty, Total Farm Marketing, says grains limp into the weekend on profit taking after hitting chart resistance but also farmer selling and rain chances in South America and the Southern Plains in the 10 day outlook. However, prices should be well supported by strong underlying demand. Live cattle consolidated heading into the weekend and Cattle on Feed Report despite $2 higher cash. The report showed on feed slightly below 100%, Placements at 98% just above expectations, Marketings at 102%.
See omnystudio.com/listener for privacy information.

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