Corn and wheat end mostly higher, except spring wheat.  Shawn Hackett, with Hackett Financial Advisors, says funds have been covering shorts on weather concerns but today markets ended off session highs on farmer selling.  Spring wheat also corrected with the Wheat Quality Tour showing record yields on Day One.  Soybeans end lower also seeing hedge pressure and profit taking with bearish financial markets and the inability of November soybeans to get above the 20 day Moving Average technically.  Cattle end mixed to lower consolidating in the face of negative outside markets.  

Corn and wheat end mostly higher, except spring wheat.  Shawn Hackett, with Hackett Financial Advisors, says funds have been covering shorts on weather concerns but today markets ended off session highs on farmer selling.  Spring wheat also corrected with the Wheat Quality Tour showing record yields on Day One.  Soybeans end lower also seeing hedge pressure and profit taking with bearish financial markets and the inability of November soybeans to get above the 20 day Moving Average technically.  Cattle end mixed to lower consolidating in the face of negative outside markets.

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.