Global recession fears continue to drive risk off fund liquidation in most markets. U.S. dollar hitting new highs and poised to go up to 120. What does that mean for the grain and livestock markets? Harvest pressure and poor export inspections and Grain Stocks Report also eyed. Michelle Rook talks with Mark Schultz of Northstar Commodity.
Grain and Livestock Prices See Significant Fund Liquidation as Dollar Hits New Highs on Recessionary Fears
Global recession fears continue to drive risk off fund liquidation in the markets. Harvest pressure and Grain Stocks Report also eyed. Michelle Rook talks with Mark Schultz of Northstar Commodity.
September 26, 2022 01:53 PM
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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.
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Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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