After a week of fund selling and technical damage in the grains Bryan Doherty of Total Farm Marketing discusses if the market will stage a recovery rally.
AgDay TV Markets Now: Bryan Doherty Discusses if a Recovery Rally Will Happen After the Lower Week in Grains
After a week of fund selling and technical damage in the grains Bryan Doherty of Total Farm Marketing discusses if the market will stage a recovery rally.
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Joe Kooima of Kooima Kooima Varilek says the bounce in cattle isn’t unexpected as Friday’s selloff may have been overdone and with the financial markets seeing a recovery.
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.
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