AgDay TV Markets Now: Dave Chatterton says Grains Rally on Forecast, Drought, Report: Cattle Lower but the Rally Isn’t Done

AgDay TV Markets Now: Dave Chatterton with Strategic Farm Marketing says grains end higher Thursday on forecast and expanding drought on the Drought Monitor, and while cattle end lower the rally isn’t done.

AgDay TV Markets Now: Dave Chatterton with Strategic Farm Marketing says grains end higher Thursday on forecast and expanding drought on the Drought Monitor, and while cattle end lower the rally isn’t done.

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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.

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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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