Grains ended lower on Monday with livestock mixed.  Mark Schultz, Northstar Commodity, says wheat led the losses taking out weather premium and that weighed on corn.  Soybeans tried to rally on export business but ran into chart resistance and early harvest pressure.  Live cattle set back despite higher cash last week and higher boxed beef values at noon again seeing a technical setback in the December.  Hogs managed to bounce with cutouts and despite lower cash.

Grains ended lower on Monday with livestock mixed.  Mark Schultz, Northstar Commodity, says wheat led the losses taking out weather premium and that weighed on corn.  Soybeans tried to rally on export business but ran into chart resistance and early harvest pressure.  Live cattle set back despite higher cash last week and higher boxed beef values at noon again seeing a technical setback in the December.  Hogs managed to bounce with cutouts and despite lower 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.