Markets were mixed on the day Tuesday. Wheat and corn saw a decent bounce from yesterday’s selling pressure while soybeans couldn’t hold on to the gains. March corn hovered around its 100-day moving average while wheat traded within it’s recent range, although it was the upside leader. Livestock ended up mixed on the session as well to wrap up Tuesday as cattle couldn’t push higher and hogs couldn’t find much support.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis with Jim McCormick of AgMarket.net and Jesse Allen on today’s Market Talk below:
