Live cattle futures set back a second day after hitting new near term highs Monday and failing even though cash was at record levels. However, Brad Kooima of Kooima Kooima Varilek says it was just some routine profit taking.  Feeders consolidated with higher corn.  Hogs saw bear spreading with lower cash and cutouts weighing on nearby contracts.  Row crops see a technical bounce with lower crop ratings.  

Live cattle futures set back a second day after hitting new near term highs Monday and failing even though cash was at record levels. However, Brad Kooima of Kooima Kooima Varilek says it was just some routine profit taking.  Feeders consolidated with higher corn.  Hogs saw bear spreading with lower cash and cutouts weighing on nearby contracts.  Row crops see a technical bounce with lower crop ratings.

Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets. 

Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets.

Markets Now with Michelle Rook

Michelle Rook talks daily with industry analyst to break down agricultural and commodity markets. 

Michelle Rook talks daily with industry analyst to break down agricultural and commodity markets.

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