AgDay TV Markets Now: Don Roose, U.S. Commodities says markets could be volatile last week of 2023 depending on Brazil weather.
AgDay TV Markets Now: Don Roose Says Grain Markets Could be Volatile Last Week of 2023, Depending on SA Weather
AgDay TV Markets Now: Don Roose, U.S. Commodities says markets could be volatile last week of 2023 depending on Brazil weather.
December 23, 2023 12:38 PM
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Joe Kooima of Kooima Kooima Varilek says the gap lower opening in cattle futures Monday in response to the border reopening to Mexican imports was volatile. They anticipate more to come to price in the news, even after a $25 to $30 break in the futures recently.
Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
Scott Varilek with Kooima Kooima Varilek says the live cattle futures made new lows for the move Thursday before finding support and putting in key reversals.
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