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Jerry Gulke, president of The Gulke Group, thinks the party is over in the grains, at least for now, due to several key factors.
It’s one thing to read about it, but it’s another thing to travel across the ocean and experience it for yourself. That’s why Jackie Ponder decided to join a trade mission to Vietnam focused on the benefits of U.S. pork and high oleic soybean cooking oil.
Don Roose, U.S. Commodities, says several factors combined to pressure the grain markets Friday. Whether or not the rally is over depends on global weather and the October WASDE.
Brazil is projected to import its highest amount of diesel in two years, driven by a strong economy and increased fuel demand.
The crash occurred when a vehicle passed the tanker and forced it off the road, and according to an interview included in the NTSB report, that vehicle was a minivan driven by a 17-year-old Ohio girl.
Shawn Hackett, Hackett Financial Advisors, says grains are in transition right now as the funds have likely covered most of their short positions and are looking for signals for their next move.
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