AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says threat of government shutdown melts down grain and livestock markets, trumps reports. So what are the long term market implications?
AgDay TV Markets Now: DuWayne Bosse says Ag Markets Sell Off on Looming Government Shutdown
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says threat of government shutdown melts down grain and livestock markets, trumps reports. So what are the long term market implications?
September 30, 2023 10:47 PM
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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.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
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