Grains reversed sharply higher after early selling, soybeans near recent highs, wheat rallies on dryness, cattle explode higher, hogs slide, gold surges despite strong jobs data.
Grains reversed sharply higher after early selling, soybeans near recent highs, wheat rallies on dryness, cattle explode higher, hogs slide, gold surges despite strong jobs data.
USDA data supported corn and soybeans, but large supplies limited rallies. China demand remains key. Cattle mixed, feeders weaker, metals corrected, energy eased.
Markets softened modestly after last week’s rally. Soybean oil surged, meal weakened, grains held support, cattle steadied, hogs fell, metals and energy climbed.
Grains pull back on profit taking after soybean rally. Cattle rebound despite Argentina beef quota increase. Outside markets rally sharply. Silver up nearly 10 percent.
Grains rallied on China soybean demand hopes, tightening supplies and bullish technicals, while cattle fell on strike fears, and energy and metals weakened.
Soybeans surged on Trump China purchase news, lifting grains. Profit taking followed. Corn supportive, wheat weaker, cattle faded, energy firm, metals volatile, dollar stronger.
Markets mixed. Soybeans lead on strong crush, lower oil stocks, and green diesel credits. Corn supported by energy. Wheat slips. Livestock rallies. Metals volatile today.
Grain markets fell on macro pressure and dollar strength, soybeans held on Argentina drought, while cattle and hogs rebounded sharply after Friday’s selloff.
Risk off selling hits commodities as metals crash, dollar surges, and Warsh Fed surprise rattles markets, pressuring grains, livestock, equities, and crypto worldwide, sharply, today.
Metals volatility triggered algorithm buying in grains before cooling. Wheat held gains, beans softened on rain forecasts, cattle weakened, dollar slipped, and energy stayed volatile.