This is the first full trading week of June. Nesvick Trading Group market analyst Tommy Grisafi recaps this past trading week for the grains. “For the month of May, July corn down 31; July wheat up 3; July soy down 3 and the big loser of the month of May will be corn,” said Grisafi. “We grow over 15 billion bushels of corn, you take away 30 cents from that, that’s gonna hurt.” There was positive market movement in the livestock futures with live cattle futures up $7 on the month, feeder cattle up $4 per hundredweight and lean hogs up $3. Grisafi and RRFN’s Don Wick recapped markets and the world of politics on the Ag Bull Media YouTube channel.
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