Grains are mixed trying to bounce after making new lows for the move on Tuesday and being super oversold.  Kent Beadle, Paradigm Futures, says funds have been selling trading weather with the rains in the ECB trumping the flooding in the Northwest, plus there is positioning end of month, before first notice day and heading into reports.  Cattle make new highs for the move anticipating higher cash, while hogs see short covering after new contract lows on Tuesday.  

Grains are mixed trying to bounce after making new lows for the move on Tuesday and being super oversold.  Kent Beadle, Paradigm Futures, says funds have been selling trading weather with the rains in the ECB trumping the flooding in the Northwest, plus there is positioning end of month, before first notice day and heading into reports.  Cattle make new highs for the move anticipating higher cash, while hogs see short covering after new contract lows on Tuesday.

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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