AgDay TV Markets Now: The U.S. Dollar Index hits 6-month highs. Darren Frye, Water Street Solutions, talks about what this means for ag commodity markets.
AgDay TV Markets Now: Darren Frye Talks About What 6-Month Highs in the U.S. Dollar Index Mean for Ag Markets
AgDay TV Markets Now: The U.S. Dollar Index hits 6-month highs. Darren Frye, Water Street Solutions, talks about what this means for ag commodity markets.
September 06, 2023 04:43 PM
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Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
Scott Varilek with Kooima Kooima Varilek says cattle had a lower week last week on fund liquidation and headlines regarding new NWS cases. However, he’s not sure if the funds are done selling yet.
Matt Bennett with AgMarket.Net says the broad based selling was tied to lower crude oil markets and headlines from President Trump that the Strait of Hormuz was going to reopened and the U.S. had struck a cease fire for the next 60-days.
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