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Randy Martinson says grains were lower and made new lows for the move as funds liquidated and on weather. Cattle saw profit taking on NWS concerns, while hogs scored a key reversal higher.
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Mark Knight, Farmers Keeper Financial
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Garrett Toay says grains fall on fund selling and divorce from crude oil. Cattle recover and fade another NWS case, while hogs make 6 month lows.
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Scott Varilek, Kooima Kooima Varilek says cattle bounce Monday, fading another NWS case 31 miles from the U.S. border. Hogs try to bounce, with corn making new lows.
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Matt discusses what caused the risk off selling across the grain and livestock markets on Friday and for the week. Will the markets recover in a new month?
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Brad says cattle crash with a NWS case 52 miles from Texas and with poor technicals. Hogs continue lower. Grains mostly lower with crude oil.
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Darren Frye Water Street Solutions says corn, soybeans and cotton rally on talk of China tariff cuts, amid gyrations in crude oil on a possible cease fire. Cattle hogs failed to extend rallies.
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Mike Minor, Professional Ag Marketing
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Chuck talks about the lower day in corn and wheat tied to war headlines. How much more will funds liquidate? Soybeans hold, with a nice rally in cattle and hogs.
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DuWayne Bosse, Bolt Marketing talks about the pressure in corn and wheat as they remove war premium, while soybeans are holding. Cattle are seeing a nice rally with higher boxed beef values.
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