Commodity Wide Fund Selling Hits Grains, Plus China Cancellation, Black Sea Grain Deal, Big Crop

Commodity wide fund selloff but grains pressured by China corn cancellation, Black Sea Grain deal, big crop. Livestock mostly lower except nearby LC, on steady cash ideas. Vince Boddicker, Farmers Trading Company.

Commodity wide fund selloff but grains pressured by China corn cancellation, Black Sea Grain deal, big crop. Livestock were mostly lower except nearby live cattle which were held up by steady cash ideas. Vince Boddicker with Farmers Trading Company has more.

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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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Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.
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