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Grain and livestock markets end mixed. Mike Zuzulo, Global Commodity Analytics, says wheat leads gains putting in risk premium on the low crop rating and triggeres some short covering. Corn follows wheat but saw some pressure taken off with the crude oil market stablizing. Soybeans set back on lower meal, South American planting progress and China's weak demand and meal prices. Cattle see profit taking after Dec live cattle hit new highs for the move, while hogs make more new highs on contraseasonal strength in cash and cutouts plus lower supplies.
See omnystudio.com/listener for privacy information.
By Michelle RookGrain and livestock markets end mixed. Mike Zuzulo, Global Commodity Analytics, says wheat leads gains putting in risk premium on the low crop rating and triggeres some short covering. Corn follows wheat but saw some pressure taken off with the crude oil market stablizing. Soybeans set back on lower meal, South American planting progress and China's weak demand and meal prices. Cattle see profit taking after Dec live cattle hit new highs for the move, while hogs make more new highs on contraseasonal strength in cash and cutouts plus lower supplies.
See omnystudio.com/listener for privacy information.

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