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Emily Skor, Growth Energy CEO, says the fuel industry has only “scratched the surface” of ethanol potential. She feels this act will help unleash ethanol’s capabilities.
Soybeans and products saw massive fund selling pulling down corn. Wheat saw corrective buying. Live cattle post an inside day with new contract lows again in hogs. Chip Nellinger, Blue Reef Agri-Marketing has more.
Soybean make new lows for the move with more fund selling and lower products, that’s pulled down corn and CH wheat. Cattle and hogs continue to struggle to recover. John Payne, Hedge Point Global Markets has more.
Corn higher on China biz, strong weekly exports. Funds selling in soybeans. Cattle trade 2-sided but disappointing w/higher northern cash at $165-$167. Hogs make new lows. Scott Varilek, Kooima Kooima Varilek.
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AgDay TV Markets Now: Don Roose of U.S. Commodities discusses is the funds will keep liquidating in soybeans after taking out key moving averages and if grains can return to trading fundamentals after the Fed move.