Grains and now cattle have turned mostly lower in a risk off day in outside markets, but the grains markets are also trading weather. While hogs hit contract lows and are seeing short covering but are at levels that are not profitable for producers. John Payne of Hedge Point Global Markets has details.
Grains and Cattle Mostly Lower in a Risk Off Session, Watching Weather: Hogs Hit Contract Lows Before Short Covering Emerged
Grains and now cattle have turned mostly lower in a risk off day in outside markets, but are also trading weather. Hog hit contract lows before short covering emerged. John Payne of Hedge Point Global Markets.
April 19, 2023 11:49 AM
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