AgDay TV Markets Now: Allison Thompson, The Money Farm, says grains see fund selling with a risk off day in outside markets, China’s GDP tanks soybeans and meal.
AgDay TV Markets Now: Allison Thompson says Fund Selling Hits Grains, Where Will They Find Support?
AgDay TV Markets Now: Allison Thompson, The Money Farm, says grains see fund selling with a risk off day in outside markets, China’s GDP tanks soybeans and meal.
January 17, 2024 06:30 PM
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Chip Nellinger, Blue Reef AgriMarketing says corn saw pressure from weather and lack of bullish news in the WASDE.
John Heinberg with Total Farm Marketing says fund selling eased on Tuesday as traders gear up for the WASDE on Thursday
Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
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