A risk off day and broad based selling in grain and livestock futures to start the week.  Brian Grete, Pro Farmer Editor, says grains saw technical selling with favorable rains and chances for more in the Eastern Corn Belt.  Plus, traders are gearing up for USDA reports as higher quarterly stocks and corn acreage are reconciled on the balance sheets.  Cattle futures failed as well despite record high cash trade and lower corn.  Lean hog futures are struggling to find a bottom with softer cash.  

A risk off day and broad based selling in grain and livestock futures to start the week.  Brian Grete, Pro Farmer Editor, says grains saw technical selling with favorable rains and chances for more in the Eastern Corn Belt.  Plus, traders are gearing up for USDA reports as higher quarterly stocks and corn acreage are reconciled on the balance sheets.  Cattle futures failed as well despite record high cash trade and lower corn.  Lean hog futures are struggling to find a bottom with softer cash.

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.