Grains are mixed positioning ahead of the USDA reports.   Hogs fall back despite what Joe Kooima of Kooima Kooima Varilek calls a neutral Hogs and Pigs Report compared to expectations.  However, he says the market has continue to sell off with lackluster cutouts and bigger than expected supplies and weights. Cattle trade into more near term highs with only light cash trade and few bids in the South indicating higher prices again this week.  

Grains are mixed positioning ahead of the USDA reports.   Hogs fall back despite what Joe Kooima of Kooima Kooima Varilek calls a neutral Hogs and Pigs Report compared to expectations.  However, he says the market has continue to sell off with lackluster cutouts and bigger than expected supplies and weights. Cattle trade into more near term highs with only light cash trade and few bids in the South indicating higher prices again this week.

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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