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Grains are all lower with soybeans making new lows on USDA report hangover. Randy Martinson, with Martinson Ag, says soybeans are also seeing pressure from strong crop ratings and forecasted rain. That is spilling over and dragging down corn and wheat, despite flash export sales of both corn and soybeans this morning. Cattle trade 2-sided as every uptick in the market seems to create an opportunity for funds to liquidate and he says the futures may test the December lows.
See omnystudio.com/listener for privacy information.
By Michelle RookGrains are all lower with soybeans making new lows on USDA report hangover. Randy Martinson, with Martinson Ag, says soybeans are also seeing pressure from strong crop ratings and forecasted rain. That is spilling over and dragging down corn and wheat, despite flash export sales of both corn and soybeans this morning. Cattle trade 2-sided as every uptick in the market seems to create an opportunity for funds to liquidate and he says the futures may test the December lows.
See omnystudio.com/listener for privacy information.

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