Grains end higher Friday on corrective buying and with spillover from the higher crude oil market. Livestock were leaning lower on more fund liquidation with outside markets like the DOW turning lower reacting to the jobs report. Michelle Rook gets analysis with Randy Martinson of Martinson Ag.
Grains End Higher Friday on Corrective Buying, Livestock Mixed: Outside Markets React to Jobs Report
Grains end higher on corrective buying and with spillover from the higher crude oil market. Livestock saw fund selling on economic concerns. Michelle Rook gets analysis with Randy Martinson of Martinson Ag.
October 07, 2022 02:27 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.
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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