AgDay TV Markets Now: Don Roose Says Risk Off Selling, Profit Taking and Weather Sank Grains Wednesday

AgDay TV Markets Now: Don Roose, U.S. Commodities says risk off day, weather and Ukraine export resumption caused profit taking and selling in the grains Wednesday.

AgDay TV Markets Now: Don Roose, U.S. Commodities says risk off day, weather and Ukraine export resumption caused profit taking and selling in the grains Wednesday.

AgWeb-Logo crop
Related Stories
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.

Scott Varilek with Kooima Kooima Varilek says the cattle futures rally out of the report was disappointing and did not last long indicating a possible exhaustion on the charts.
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.
Read Next
After more than a decade of field trials, Eric Miller has found that the highest corn yields don’t necessarily maximize ROI. His work offers insights for other growers looking to improve nutrient efficiencies and protect margins.
Get News Daily
Get Market Alerts
Get News & Markets App