Grains and livestock are mixed early.  Vince Boddicker with Farmers Trading Company says after hedge pressure Thursday, soybeans see technical buying resume.  However, Nov stopped just short of the 100 day moving average and will need more bullish news to get through that level.  Corn is stuck between higher beans and lower wheat markets but he says is rangebound.  Wheat is setting back on slower exports and some hedge selling.  Cattle make near for the move highs with higher cash yesterday.  Hogs see intitial pressure on the Hogs and Pigs Report marketings but are trying to recover.  

Grains and livestock are mixed early.  Vince Boddicker with Farmers Trading Company says after hedge pressure Thursday, soybeans see technical buying resume.  However, Nov stopped just short of the 100 day moving average and will need more bullish news to get through that level.  Corn is stuck between higher beans and lower wheat markets but he says is rangebound.  Wheat is setting back on slower exports and some hedge selling.  Cattle make near for the move highs with higher cash yesterday.  Hogs see intitial pressure on the Hogs and Pigs Report marketings but are trying to recover.

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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