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Corn and soybean end nearly steady after taking another run at $12 on soybeans and $4.45 to $4.50 on corn which served as resistance on the charts. Plus some farmer selling has capped the rally. However, Don Roose, U.S. Commodities, says the markets have stopped going down and are adding risk premium. Wheat fell with China cancelling French wheat. Live cattle make new highs for the move, while hogs see some profit taking and hedge pressure.
See omnystudio.com/listener for privacy information.
By Michelle RookCorn and soybean end nearly steady after taking another run at $12 on soybeans and $4.45 to $4.50 on corn which served as resistance on the charts. Plus some farmer selling has capped the rally. However, Don Roose, U.S. Commodities, says the markets have stopped going down and are adding risk premium. Wheat fell with China cancelling French wheat. Live cattle make new highs for the move, while hogs see some profit taking and hedge pressure.
See omnystudio.com/listener for privacy information.

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