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Length:
10 minutes
Released:
Mar 15, 2024
Format:
Podcast episode
Description
Corn and soybeans end higher on Friday with fund short covering and soybeans reversing after a record NOPA crush figure at 186.2 mb. Soybeans ended higher for the week and look like the funds will continue to take profits off the table heading into USDA reports and end of month and quarter. Corn was slightly lower for the week as it continues to be held back by wheat which sank again on China cancellations of U.S., Australia and French wheat. Cattle rebounded Friday and were higher for the week with near to record high cash trade but is the market signaling a top? Meanwhile, crude oil close above $80 and may see more inflationary buying. Chip Nellinger, Blue Reef Agri-Marketing, has the details. See omnystudio.com/listener for privacy information.
Released:
Mar 15, 2024
Format:
Podcast episode
Titles in the series (100)
Markets Now Midday Markets and Report Analysis 3-28-24 by Markets Now with Michelle Rook