AgDay TV Markets Now: Arlan Suderman says Funds Bought in the Grains Monday with Wheat Pulling Corn and Soybeans Along

AgDay TV Markets Now: Arlan Suderman, StoneX says funds bought across the commodity sector Monday. In the grains #wheat was the price leader Monday, pulling #corn and #soybeans higher.

AgDay TV Markets Now: Arlan Suderman, StoneX says funds bought across the commodity sector Monday. In the grains #wheat was the price leader Monday, pulling #corn and #soybeans higher.

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The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.

Scott Varilek with Kooima Kooima Varilek says the cattle futures rally out of the report was disappointing and did not last long indicating a possible exhaustion on the charts.
Shawn Hackett of Hackett Financial Advisors says with wheat falling nearly $2 off the Sept. 2 contract highs, it isn’t a surprise that China and other buyers would see it as an opportunity to buy.
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