Ag markets rebound and see corrective buying after the commodity wide selloff Wednesday. Cattle still trying to bottom and await larger cash trends which so far have been soft but the DOW hits record highs which should be positive for consumer demand. Grains get help from decent weekly exports and a big soybean sale to unknown and the lower dollar. Scott Varilek, Kooima Kooima Varilek, has more.
Ag Markets See Corrective Buying After Wednesday Selloff: Exports, Lower Dollar Supportive
Ag markets rebound, see corrective buying after the commodity wide selloff Wed. Cattle still trying to bottom and await larger cash trends which so far have been soft. Scott Varilek, Kooima Kooima Varilek, has more.
December 14, 2023 09:20 AM
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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