Grains end lower again on Tuesday seeing more fund selling pressure on the lack of news and the lack of a weather threat.  Allison Thompson with The Money Farm says it could get uglier if November soybeans take out $10 and December corn $4 but she doesn't think that will happen until after the WASDE. Soft and Hard Red Winter wheats made contract lows and Minneapolis came within a cent but Thompson expects more pressure in wheat as spring wheat harvest is starting to roll and until the U.S. gets competitive enough to spur export demand.  Meanwhile cattle rebound but she says that market is carving out a trading range.  

Grains end lower again on Tuesday seeing more fund selling pressure on the lack of news and the lack of a weather threat.  Allison Thompson with The Money Farm says it could get uglier if November soybeans take out $10 and December corn $4 but she doesn't think that will happen until after the WASDE. Soft and Hard Red Winter wheats made contract lows and Minneapolis came within a cent but Thompson expects more pressure in wheat as spring wheat harvest is starting to roll and until the U.S. gets competitive enough to spur export demand.  Meanwhile cattle rebound but she says that market is carving out a trading range.

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.