AgDay TV Markets Now: Alan Brugler of Brugler Marketing talks about the risk aversion in commodity markets with the uncertainty in the banking sector and awaiting the FOMC decision on interest rates on Wednesday. The exception was soybeans which bounced off support.
AgDay TV Markets Now: Alan Brugler Says Uncertainty on Banking, FOMC Decision Hits Commodities Again Monday
AgDay TV Markets Now: Alan Brugler of Brugler Marketing talks about the risk aversion in commodity markets with the uncertainty in the banking sector and awaiting the FOMC decision.
March 20, 2023 05:17 PM
Related Stories
Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
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.
Read Next
Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.
