Grains all lower Friday morning.  Kent Beadle with Paradigm Futures says row crops are working in rains over the last 72 hours in the Corn Belt, anticipation of big yields in the Pro Farmer Crop Tour and increased farmer selling of old crop corn which has pushed September into contract lows.  Wheat has followed corn and soybeans.  Cattle are under pressure on fund long liquidation, despite several strong fundamentals including lower corn prices and higher boxed beef values. Hogs are following cattle lower, despite strong cash and cutouts.

Grains all lower Friday morning.  Kent Beadle with Paradigm Futures says row crops are working in rains over the last 72 hours in the Corn Belt, anticipation of big yields in the Pro Farmer Crop Tour and increased farmer selling of old crop corn which has pushed September into contract lows.  Wheat has followed corn and soybeans.  Cattle are under pressure on fund long liquidation, despite several strong fundamentals including lower corn prices and higher boxed beef values. Hogs are following cattle lower, despite strong cash and cutouts.

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.