AgDay TV Markets Now: Chuck Shelby of Risk Management Commodities says cooler heads prevail in outside and commodity markets Thursday, but are the funds done selling? China corn demand also helps, but will there be more?
AgDay TV Markets Now: Chuck Shelby Says Cooler Heads Prevail in Markets Thursday but are the Funds Done Selling?
AgDay TV Markets Now: Chuck Shelby of Risk Management Commodities says cooler heads prevail in outside and commodity markets Thursday, China corn demand also helps.
March 16, 2023 03:56 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.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
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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