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Grains are mixed early with wheat seeing short covering follow the European market strength. Darin Newsom, with Barchart, says he's watching money flow in the grain markets and thinks the funds could start covering their short position if the stock market continues to show weakness. Despite higher wheat, corn is struggling under the weight of a big crop. Soybeans are mixed seeing bull spreading with export business finally accounced to China and unknown this morning. Cattle see a short covering pop but the key is whether or not it can hold into the close.
See omnystudio.com/listener for privacy information.
By Michelle RookGrains are mixed early with wheat seeing short covering follow the European market strength. Darin Newsom, with Barchart, says he's watching money flow in the grain markets and thinks the funds could start covering their short position if the stock market continues to show weakness. Despite higher wheat, corn is struggling under the weight of a big crop. Soybeans are mixed seeing bull spreading with export business finally accounced to China and unknown this morning. Cattle see a short covering pop but the key is whether or not it can hold into the close.
See omnystudio.com/listener for privacy information.

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