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Grain and livestock futures end mixed Wednesday. Tommy Grisafi, Advance Trading, says soybeans give back some gains after three higher days on rains that fell in the Corn Belt adding to the record yield and with First Notice Day coming up. Corn could not build on Tuesday's key reversal and was drug down by beans. While wheat extended gains on short covering and Grisafi says U.S. wheat has gotten too cheap, plus there are quality issues in the Hard Red Spring wheat in North Dakota that may make high protein wheat supplies tight. Live cattle consolidated as well after a couple of days with strong chart action.
See omnystudio.com/listener for privacy information.
By Michelle RookGrain and livestock futures end mixed Wednesday. Tommy Grisafi, Advance Trading, says soybeans give back some gains after three higher days on rains that fell in the Corn Belt adding to the record yield and with First Notice Day coming up. Corn could not build on Tuesday's key reversal and was drug down by beans. While wheat extended gains on short covering and Grisafi says U.S. wheat has gotten too cheap, plus there are quality issues in the Hard Red Spring wheat in North Dakota that may make high protein wheat supplies tight. Live cattle consolidated as well after a couple of days with strong chart action.
See omnystudio.com/listener for privacy information.

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