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Grains are drifting after hitting chart resistance but livestock are strong. Mark Schultz, NorthStar Commodity, says weekly exports were just routine this morning and a 12.3 mb sale of soybeans to unknown destinations is failing to excite the market. South American weather will be the key moving forward. Cattle are higher with live cattle making new highs for the move on sharply higher cash, hogs are following.
See omnystudio.com/listener for privacy information.
By Michelle RookGrains are drifting after hitting chart resistance but livestock are strong. Mark Schultz, NorthStar Commodity, says weekly exports were just routine this morning and a 12.3 mb sale of soybeans to unknown destinations is failing to excite the market. South American weather will be the key moving forward. Cattle are higher with live cattle making new highs for the move on sharply higher cash, hogs are following.
See omnystudio.com/listener for privacy information.

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