Closing Markets 8-7-24 | Funds Sell Grains on Growing Yield Pre-WASDE: Is This a Repeat of 2014?

Closing Markets 8-7-24 | Funds Sell Grains on Growing Yield Pre-WASDE: Is This a Repeat of 2014?

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Grain and livestock mostly lower on Wednesday, except live cattle. Matt Bennett, AgMarket.Net. says grains saw more fund selling with corn and soybeans weighed on by bigger yield ideas in the upcoming WASDE, favorable weather and the lack of China export business. Bennett says he expects higher yields in the August 12 report.