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Chuck Shelby, Risk Management Commodities, says grains sell off going into the weekend on profit taking in row crops after hitting chart resistance, wheat continued to see harvest pressure making new lows for the move. Cattle futures made new near term highs pushed by record cash, while hogs saw a short covering bounce and he thinks a low is forming.
See omnystudio.com/listener for privacy information.
By Michelle RookChuck Shelby, Risk Management Commodities, says grains sell off going into the weekend on profit taking in row crops after hitting chart resistance, wheat continued to see harvest pressure making new lows for the move. Cattle futures made new near term highs pushed by record cash, while hogs saw a short covering bounce and he thinks a low is forming.
See omnystudio.com/listener for privacy information.

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