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Corn continues higher on fund buying and tighter corn stocks says Kent Beadle, Paradigm Futures. Wheat is following corn but also adding weather premium. Soybeans are trying to follow but continue to struggle with harvest pressure and rain chances in the extended forecast for Brazil. He says cattle are mostly lower as they are overbought and due for a correction but are supported by strong cash and ideas of steady to higher trade again this week. Hog futures are mostly higher showing their resiliance especially in the face of the port strike on the East and Gulf Coasts.
See omnystudio.com/listener for privacy information.
By Michelle RookCorn continues higher on fund buying and tighter corn stocks says Kent Beadle, Paradigm Futures. Wheat is following corn but also adding weather premium. Soybeans are trying to follow but continue to struggle with harvest pressure and rain chances in the extended forecast for Brazil. He says cattle are mostly lower as they are overbought and due for a correction but are supported by strong cash and ideas of steady to higher trade again this week. Hog futures are mostly higher showing their resiliance especially in the face of the port strike on the East and Gulf Coasts.
See omnystudio.com/listener for privacy information.

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