Grain and cattle markets rebound after Congress averts a government shutdown, plus grains were oversold. Lower prices also stimulated some Mexican and China export biz. However, can the recovery continue especially with the headwind of the higher dollar? Ted Seifried of Zaner Ag Hedge has details.
Grains and Cattle Markets Recover After Averting Government Shutdown: Will There be Follow Through Buying?
Grain and cattle markets rebound after Congress averts a government shutdown, but can the recovery continue especially with the headwind of the higher dollar? Ted Seifried of Zaner Ag Hedge has details.
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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.
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.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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