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Jeff Hoogendoorn with Professional Ag Marketing says grains end to the plus side with corn and soybeans adding some weather premium on hot dry forecasts and ideas of declining yield. However, new crop exports for corn and beans were also supportive. Wheat followed the row crops but also saw some fund short covering and he says this may be evidence the managed money want to buy in the ag sector. Cattle set back on fund liquidation and lower cash and cutouts. Hogs continue to shine with technical buying and strong exports but Hoogendoorn warns that market is oversold.
See omnystudio.com/listener for privacy information.
By Michelle RookJeff Hoogendoorn with Professional Ag Marketing says grains end to the plus side with corn and soybeans adding some weather premium on hot dry forecasts and ideas of declining yield. However, new crop exports for corn and beans were also supportive. Wheat followed the row crops but also saw some fund short covering and he says this may be evidence the managed money want to buy in the ag sector. Cattle set back on fund liquidation and lower cash and cutouts. Hogs continue to shine with technical buying and strong exports but Hoogendoorn warns that market is oversold.
See omnystudio.com/listener for privacy information.

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