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Cattle futures continue to make new nearterm highs on any pullback. Is the markets too bullish heading into the COF report and with packers cutting kills? Hogs also make for the move highs pushed by cash. Corn bounces off another contract low following wheat, which is putting in some risk premium and seeing technical buying. Soybeans are trying to follow but are being held back by better weather in SA. Scott Varilek, Kooima Kooima Varilek, has more.
See omnystudio.com/listener for privacy information.
By Michelle RookCattle futures continue to make new nearterm highs on any pullback. Is the markets too bullish heading into the COF report and with packers cutting kills? Hogs also make for the move highs pushed by cash. Corn bounces off another contract low following wheat, which is putting in some risk premium and seeing technical buying. Soybeans are trying to follow but are being held back by better weather in SA. Scott Varilek, Kooima Kooima Varilek, has more.
See omnystudio.com/listener for privacy information.

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