Grains lower again with macroeconomic uncertainty driving fund selling, plus the Black Sea Grain Deal was extended. Cattle bounce with a constructive COF report while hogs are seeing more technical selling and economic concerns weigh on the market. Allison Thompson with The Money Farm has more.
Grains and Hogs See Pressure From Macroeconomic Concerns, Black Sea Export Deal: Cattle Bounce with Constructive COF
More fund selling in grains and hogs on macroeconomic concerns and the extension of the Black Sea grain deal. Cattle bounce with a constructive COF Report. Allison Thompson with The Money Farm has more.
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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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