Another mostly lower day with fund liquidation in the grains. How much lower will grain prices go? Feeders make contract highs on the lower corn, but live cattle fade the Cattle of Feed. Hogs were also lower seeing consolidation. Kevin Duling of KD Investors has details.
Ag Markets End Mostly Lower on Fund Selling: How Much Lower Will Grains Go and Why Did Live Cattle Fade the COF?
Another mostly lower day with fund liquidation in the grains. How much lower will prices go? Live cattle see profit taking, fade the COF. Hogs also consolidated. Kevin Duling of KD Investors has details.
February 27, 2023 02:09 PM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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