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Closing Market Report- 7/6/22- Roller Coaster Ride in Wednesday’s Markets

Following Tuesday’s donnybrook to the downside, one would have thought Wednesday’s early bounce might be the beginning of a much-needed correction. That was not the case, as early strength in grain and soy markets was short-lived and the bearish onslaught continued. However, a late-day recovery sent corn, soybeans and meal higher for the day, while all three wheat markets closed lower in wide-ranging trade. Hogs again led to the upside in the protein sector with triple digit strength while cattle followed higher as well.

Farm and Ranch Director Jesse Allen has our closing report:

Also, more analysis with Mike Minor of Professional Ag Marketing and Jesse Allen on today’s Market Talk. Plus, a discussion about northern corn leaf blight with Pioneer agronomist Adam Owens at the end of the show.

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