Grains see technical buying on light holiday volume, strong corn exports. Livestock 2-sided with hogs seeing short covering on strong exports, cattle mixed with higher corn vs. higher cash. Michelle Rook has an update.
Grain Prices Continue Higher Midsession on Holiday, Technical Buying: Livestock 2-Sided Trade
Grains see technical buying on light holiday volume, strong corn exports. Livestock 2-sided with strong exports, short covering in hogs, cattle mixed with higher corn vs. higher cash. Michelle Rook has an update.
November 25, 2022 10:45 AM
Related Stories
Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Read Next
Applying a keen sense of business and creating non-farm assets, Tim Nuss unlocks a flywheel effect to propel the Nuss Farms forward.
