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Corn and soybeans end slightly higher on short covering, but Tomm Pfitzenmaier with Summit Commodity Brokerage, says rallies will be hard to come by in those markets with funds short and no real reason to change trend. Wheat back lower consolidating after an up day Monday but seeing harvest pressure start to ease. Cattle rebound in the face of record cash but futures don't make new highs. Hogs saw bull spreading and while a bottom may be in he says the market may move sideways for a while.
See omnystudio.com/listener for privacy information.
By Michelle RookCorn and soybeans end slightly higher on short covering, but Tomm Pfitzenmaier with Summit Commodity Brokerage, says rallies will be hard to come by in those markets with funds short and no real reason to change trend. Wheat back lower consolidating after an up day Monday but seeing harvest pressure start to ease. Cattle rebound in the face of record cash but futures don't make new highs. Hogs saw bull spreading and while a bottom may be in he says the market may move sideways for a while.
See omnystudio.com/listener for privacy information.

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