Closing Market Report- 7/7/22- Grains Show a Turnaround on Thursday

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The markets saw a turnaround in grains on Thursday as wheat and soybeans led to the upside. Corn was up moderately as well on the day. End users and speculative buyers appeared to be the reason for the move today as they stepped in to buy the breaks after the recent selloffs in the grain and oilseed markets. Livestock today were mixed with another strong day from lean hogs while cattle were lagging behind.

Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406

Also, more analysis today with Bryan Doherty of Total Farm Marketing and Jesse Allen on today’s Market Talk below. The show also features a conversation about the sunflower industry and market with John Sandbakken, Executive Director with the National Sunflower Association.

https://open.spotify.com/episode/21oOv7i3hnoP346AVtH1FB?si=Ch8xsKB1QpCJi4x4WfqgEg

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