Grains are mixed early Wednesday and so are livestock.  Craig Turner with StoneX says soybeans are setting back on First Notice Day selling and rains in the Corn Belt overnight, despite export biz.  Corn is seeing some support from higher wheat and export sales. Wheat extends gains after key reversals yesterday and end of quarter short covering in what could also be bottoming action.  Turner thinks corn, soybeans and wheat are at value levels and below the cost of production, so they may be forging low term lows.  That may also mean livestock producers should line up feed needs.  

See omnystudio.com/listener for privacy information.