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Cattle are trying to recover this morning after hitting chart resistance yesterday and failing. What will it take to get the market above these chart areas and can cash continue to move higher? Hogs seeing consolidation, bear spreading and pre-Goldman rolling after a strong run with futures getting too premium to the cash index. Corn and soybeans are seeing profit taking after hit the 20 day moving average yesterday and without much bullish news. Brad Kooima of Kooima Kooima Varilek has more.
See omnystudio.com/listener for privacy information.
By Michelle RookCattle are trying to recover this morning after hitting chart resistance yesterday and failing. What will it take to get the market above these chart areas and can cash continue to move higher? Hogs seeing consolidation, bear spreading and pre-Goldman rolling after a strong run with futures getting too premium to the cash index. Corn and soybeans are seeing profit taking after hit the 20 day moving average yesterday and without much bullish news. Brad Kooima of Kooima Kooima Varilek has more.
See omnystudio.com/listener for privacy information.

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