Corn and wheat crack new lows while soybeans struggle to hold gains with more fund selling and high stocks to use ratios. What will it take to turn these markets around? Cattle supported by higher beef going into the COF but awaiting cash. Interest rate rhetoric continues to ping pong so what does it mean for the outside markets? Darin Newsom, Barchart Sr. Market Analyst, has answers.
Funds Press Corn and Wheat Early, Soybeans 2-Sided: Cattle Follow Higher Beef
Corn & wheat see more fund selling, beans struggle to bounce. What will turn these markets around? Cattle up with beef, COF, await cash. Interest rate talk hits outside markets. Darin Newsom, Barchart, has more.
January 18, 2024 10:07 AM
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