Another day of commodity wide selling and fund liquidation in grain and livestock futures. It’s being driven partly by recession and economic concerns and China COVID cases. Darin Newsome with Barchart has details and talks about why he doesn’t believe recession is or will take place.
Commodity Wide Sell Off with More Fund Liquidation: Are Recessionary Fears Really Warranted?
Another day of commodity wide selling and fund liquidation in grain and livestock futures. It’s being driven partly by recession and economic concerns and China COVID cases. Darin Newsome with Barchart has details.
January 05, 2023 11:22 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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