Morning Ag Markets – Matt Hines
Date: June 20th, 2018 Morning Ag Markets – Matt Hines Cattle futures and corn staged a good recovery yesterday while lean hog futures, soybeans and wheat did come back from massive losses but still finished sharply lower. Hard to explain why some markets stayed under pressure and others rebounded with metals, energies and equities all mostly lower as well. Fed Cattle Exchange later this morning with a decent amount consigned, 2,125 head compared to the past few weeks of just a few hundred. Last week there were 596 head consigned, of which none sold, 2 lots passed out at $100 & $112 live. El Reno, OK yesterday, calf sale only reported steer and heifer calves $2 to $4 higher than last week. On Monday, Tulsa…