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Wheat ends making new high closes for the move on the back of lower Russian wheat estimates. But can wheat keep moving higher? Soybeans fall hitting chart resistance and with the lack of China export confirmation, plus higher acreage talk. Corn did not follow wheat, but instead soyebans. The funds look like they're pushing the short side of the market again, despite planting delays. Cattle make new highs for the move with higher cash, cutouts and a positive COF report, hogs make near term lows. DuWayne Bosse, Bolt Marketing, has more.
See omnystudio.com/listener for privacy information.
By Michelle RookWheat ends making new high closes for the move on the back of lower Russian wheat estimates. But can wheat keep moving higher? Soybeans fall hitting chart resistance and with the lack of China export confirmation, plus higher acreage talk. Corn did not follow wheat, but instead soyebans. The funds look like they're pushing the short side of the market again, despite planting delays. Cattle make new highs for the move with higher cash, cutouts and a positive COF report, hogs make near term lows. DuWayne Bosse, Bolt Marketing, has more.
See omnystudio.com/listener for privacy information.

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