AgDay TV Markets Now: Pro Farmer’s Brian Grete Says Grains End Mostly Lower on Weather, WASDE, Money Flow and Black Sea Grain Deal Uncertainty.
AgDay TV Markets Now: Brian Grete Says Grains Mostly Lower on Weather, WASDE, Money Flow
AgDay TV Markets Now: Pro Farmer’s Brian Grete Says Grains End Mostly Lower on Weather, WASDE, Money Flow and Black Sea Grain Deal Uncertainty.
May 08, 2023 09:39 PM
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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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