Cattle see fund selling resume but is the low really in and did the LRP program contribute to the selloff? Hogs consolidating, while corn and wheat are up with liquidation easing on first notice day and with strong weekly exports. Soybeans drift eyeing extended rain chances in Brazil. Scott Varilek, Kooima Kooima Varilek, has more.
Cattle Retreat, So is the Low Really In? Corn Up as Liquidation Eases on First Notice Day
Cattle see fund selling resume but is the low in? Hogs consolidating, while corn up with liquidation easing on first notice day & with strong weekly exports. Scott Varilek, Kooima Kooima Varilek, has more.
November 30, 2023 09:27 AM
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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