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CUTOUT;
The cutout continues to yoyo as it has been for a couple weeks now when typically, both the choice and select are seeing a dip this time of the year. This dip happens from low demand this time of the year and as a result the Packers will drop prices to keep retailers buying but not this year as the Packers are trying to recoup some of their losses.
FED CASH;
Bids are stating to show in the north at $218 for the 4th week and Asks are also holding for a 4th week at $226 in the north and $228+ in the south. For Strategy 2…
GRAIN CASH;
Cash Corn is still holding right at the down trend with the slight pull down yesterday! For Strategy 2 users….
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