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Grains end higher with fund short covering prompted by the oversold market condition, but also more Red Sea shipping concerns and China lowering interest/mortgage rates. Cattle make new highs for the move and end with nearby live cattle lower on profit taking after running into chart resistance, plus lower cash ideas this week and packer kill cuts. Hogs rally with funds buying and higher cash and cutouts. Arlan Suderman, StoneX, has more.
See omnystudio.com/listener for privacy information.
By Michelle RookGrains end higher with fund short covering prompted by the oversold market condition, but also more Red Sea shipping concerns and China lowering interest/mortgage rates. Cattle make new highs for the move and end with nearby live cattle lower on profit taking after running into chart resistance, plus lower cash ideas this week and packer kill cuts. Hogs rally with funds buying and higher cash and cutouts. Arlan Suderman, StoneX, has more.
See omnystudio.com/listener for privacy information.

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