After another ugly selloff Monday grain and livestock prices try to recover with a more risk on day in outside markets, including a pull back in the dollar index. The key is can we hold on to the gains until the close and build on that strength going forward? Michelle Rook asks DuWayne Bosse of Bolt Marketing.
Grain and Livestock Prices Rebound with Risk on Day in Outside Markets, Including Lower Dollar: Can we Hold into the Close?
Grain and livestock prices try to recover Tuesday with a more risk on day in outside markets, including a pull back in the dollar. Michelle Rook talks with DuWayne Bosse of Bolt Marketing.
September 27, 2022 08:49 AM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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