FOR THURSDAY: (9/29) Hard to be short grains but market may continue short-covering on Thursday, and Friday’s report reaction may also continue with short-covering. Harvest selling should pick up by Sunday. We may have to continue to take profits on grains if we can get lower. In the end, we’ll have to sell any rallies on Friday or Sunday if they manifest. Cattle are getting very close to being done but still a few more days left to sell. Hogs are sideways before Friday’s Hog and Pigs report.
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