GRAINS TAKE A BREATHER
AUDIO COMMENTARY
Impressive closes in cattle
Need cattle to hold today’s lows
No real news behind today’s weakness
Outside down day in corn & wheat
USDA out on Friday
Using targets to get caught up
Soybeans traded over $12.00 today
Old crop soybeans sold to China
Bean oil chart looks solid
Historically July USDA isn’t big mover
Crude rallying with more war talk
Use floors in weather markets
Funds looking at Super El Nino
Still calling for hot & dry
What’ll forecasts look like over weekend?
Tariffs dropping is good for demand
Potential is there if China buys corn
Expect the markets to be volatile
Should you have basis contracts?
Listen to today’s audio below
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