Kent Beadle, Paradigm Futures, says grains are higher early Wednesday extending gains from Tuesday still digesting the bullish USDA report data for corn and even wheat.  Soybeans seeing spillover support.  Cattle open lower then quickly see buying interest with some steady/higher cash at $191 in the South yesterday but markets are up into chart resistance.  Hogs rebound after a lower day yesterday which saw hedge selling pressure but funds continue to buy on the breaks.  

Kent Beadle, Paradigm Futures, says grains are higher early Wednesday extending gains from Tuesday still digesting the bullish USDA report data for corn and even wheat.&nbsp; Soybeans seeing spillover support.&nbsp; Cattle open lower then quickly see buying interest with some steady/higher cash at $191 in the South yesterday but markets are up into chart resistance.&nbsp; Hogs rebound after a lower day yesterday which saw hedge selling pressure but funds continue to buy on the breaks.&nbsp;&nbsp;

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.

Advertisement