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Grains end mixed Friday with livestock lower. Alan Brugler, A & N Economics, says wheat led gains with a lower dollar as that market is seasonally trying to bottom. Wheat pulled up corn but the market was still working in the lower ending stocks numbers from the Thursday WASDE. Soybeans failed to extend Thursday's gains running into chart resistance again. However, all the grains ended with higher weekly closes, so are the lows in? Cattle set back Friday despite steady cash but put for the week were up sharply. Brugler discusses if the market can build on that. And what's going on with the volatility in the stock market and what happens with the dollar and the Fed meeting next week?
See omnystudio.com/listener for privacy information.
By Michelle RookGrains end mixed Friday with livestock lower. Alan Brugler, A & N Economics, says wheat led gains with a lower dollar as that market is seasonally trying to bottom. Wheat pulled up corn but the market was still working in the lower ending stocks numbers from the Thursday WASDE. Soybeans failed to extend Thursday's gains running into chart resistance again. However, all the grains ended with higher weekly closes, so are the lows in? Cattle set back Friday despite steady cash but put for the week were up sharply. Brugler discusses if the market can build on that. And what's going on with the volatility in the stock market and what happens with the dollar and the Fed meeting next week?
See omnystudio.com/listener for privacy information.

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