AgDay TV Markets Now: Naomi Blohm with Total Farm Marketing talks about how long the recovery rally may last in the grain markets.
AgDay TV Markets Now: Naomi Blohm Talks About How Long the Recovery Rally in the Grains Might Last
AgDay TV Markets Now: Naomi Blohm with Total Farm Marketing talks about how long the recovery rally may last in the grain markets.
May 22, 2023 05:13 PM
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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.
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.
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