Shawn Hackett of Hackett Financial Advisors says the fund selling in corn and soybeans is overdone and prices are fundamentally getting too cheap.
AgDay TV Markets Now: Fund Selling in Grains is Overdone
Shawn Hackett of Hackett Financial Advisors says the fund selling in corn and soybeans is overdone and prices are fundamentally getting too cheap.
March 14, 2023 09:13 AM
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Joe Kooima of Kooima Kooima Varilek says the bounce in cattle isn’t unexpected as Friday’s selloff may have been overdone and with the financial markets seeing a recovery.
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.
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