AgDay TV Markets Now: Shawn Hackett of Hackett Financial Advisors talks about the triggers behind the selloff in grains and how much more downside risk there is.
AgDay TV Markets Now: Shawn Hackett Explains the Reasons for the Grain Market Selloff and What Will Stop the Bleeding
AgDay TV Markets Now: Shawn Hackett of Hackett Financial Advisors talks about the triggers behind the selloff in grains and how much more downside risk there is.
April 27, 2023 06:29 AM
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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.
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