Grain and livestock futures recover after the meltdown Thursday on corrective buying, strong exports, a 14.7 mb sale of soybeans and the lower dollar. Naomi Blohm, Total Farm Marketing, has details plus talks about grain seasonals.
Grain and Livestock Futures Recover After Melt Down: on Corrective Buying, Exports, Lower Dollar
Grain and livestock futures recover after the meltdown Thursday on corrective buying, strong exports, a 14.7 mb sale of soybeans and the lower dollar. Naomi Blohm, Total Farm Marketing, has more.
December 14, 2023 02:03 PM
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Rich Nelson, chief strategist for Allendale says row crops are pausing right now until the weather story is really decided, while wheat is concerned about rising tensions in the Black Sea region.
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Dave Chatterton with Strategic Farm Marketing says the market initially traded the heat for this week which is unwelcome for corn during pollination time.
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