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Grain markets were a blood bath on Monday on fund selling and improved weather in the extended forecasts. Kent Beadle, Paradigm Futures, says technical damage was done in all the markets. Live cattle futures saw profit taking after near term highs and record cash last week. Lean hogs saw a nice technical bounce as Beadle thinks the market got too cheap and is trying to bottom.
See omnystudio.com/listener for privacy information.
By Michelle RookGrain markets were a blood bath on Monday on fund selling and improved weather in the extended forecasts. Kent Beadle, Paradigm Futures, says technical damage was done in all the markets. Live cattle futures saw profit taking after near term highs and record cash last week. Lean hogs saw a nice technical bounce as Beadle thinks the market got too cheap and is trying to bottom.
See omnystudio.com/listener for privacy information.

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