Grain and livestock markets turn higher following reversal of outside markets and the lower dollar. Michelle Rook talks with Bryan Doherty of Total Farm Marketing about the impact of money flow on the markets and marketing advice in this environment.
Grain and Livestock Futures Turn Back Mostly Higher with Reversal in Outside Markets and Lower Dollar
Grain and livestock markets turn higher following reversal of outside markets and the lower dollar. Michelle Rook talks with Bryan Doherty of Total Farm Marketing about marketing advice in this environment.
October 21, 2022 11:36 AM
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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