Corn, soybean and wheat futures faced followthrough selling this week after a late price reversal last week. Speculative money flow continued to have a major influence on price action. Funds liquidated long positions in
Traders did an excellent job anticipating what USDA's Cattle on Feed Report would show. The average pre-report estimates for all three categories were in line with USDA's actual numbers. The Feb. 1 feedlot invent