Rich Nelson with Allendale joins Michelle Rook on AgDay TV to summarize the markets on Wednesday which were once again impacted by the risk off in the outside markets. Although corn did get some help from China export business.
AgDay TV Markets Now: Rich Nelson says Risk Off in Outside Markets Impacts Money Flow in Commodities Again Wednesday
Rich Nelson with Allendale summarizes the markets on Wednesday which were once again impacted by the risk off in the outside markets. Although corn did get some help from China export business.
March 15, 2023 05:09 PM
Related Stories
Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
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.
Read Next
Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.
