Grains are mixed early Friday, with pressure in the livestock.  Scott Varilek with Kooima Kooima Varilek says cattle futures are under pressure with Choice boxes down over $6 and light cash at $188 which is down from last week.  Feb live cattle futures have held support at the 100 day though.  Hogs seeing pressure from lower cutouts and following cattle but still seeing the cash index rise.  Grains are mixed ahead of the WASDE and despite more flash corn and soybean export sales this morning.  However, there may be some farmer selling in soybeans after the big rally and spreading between corn and beans.  

Grains are mixed early Friday, with pressure in the livestock.  Scott Varilek with Kooima Kooima Varilek says cattle futures are under pressure with Choice boxes down over $6 and light cash at $188 which is down from last week.  Feb live cattle futures have held support at the 100 day though.  Hogs seeing pressure from lower cutouts and following cattle but still seeing the cash index rise.  Grains are mixed ahead of the WASDE and despite more flash corn and soybean export sales this morning.  However, there may be some farmer selling in soybeans after the big rally and spreading between corn and beans.

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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