AgDay TV Markets Now: Chip Nellinger with Blue Reef Agri-Marketing talks about another risk off day in grains, but says profit taking and rain chances in HRW areas were also factors. What’s the downside risk ahead?
AgDay TV Markets Now: Chip Nelliger Discusses Another Risk Off Day in the Grains and the Downside Risk Going Forward
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing talks about another risk off day in grains but says profit taking and rain chances in HRW areas were also factors. What’s the downside risk ahead?
April 20, 2023 04:36 PM
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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.
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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.
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