Grains try to recover midday with help from the reversal in outside markets. LC mixed with bullish hopes for the USDA Cattle Inventory Report. Hogs lower. Scott Varilek of Kooima Kooima Varilek has details.
Slower barge traffic on the Mississippi, slower rail movement and increasing harvest pressure have combined to pull cash grain prices down in the central and eastern corn belt as the basis has collapsed.
Grains are mixed reacting to the USDA Grain Stocks Report, Black Sea news and outside markets. Livestock mixed with cattle breaking to new lows for the move. Michelle Rook talks with Matt Bennett of AgMarket.Net.