AgDay TV Markets Now: Mike Zuzulo of Global Commodity Analytics says funds sell again in grains with bearish demand story, including China cancellations, wheat dismisses the cold weather and possible freeze damage.
AgDay TV: Mike Zuzulo Says Funds Sell Again in Grains with Bearish Demand News, Including China Cancellation
AgDay TV Markets Now: Mike Zuzulo of Global Commodity Analytics says funds sell again in grains with bearish demand story, including China cancellations.
April 24, 2023 05:16 PM
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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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