Grains ended lower on end-of-year fund liquidation and removing South American weather premium. Livestock were two sided with year end position squaring and largely ignoring weather. Alan Brugler of Brugler Marketing discusses whether this will continue for the next couple of weeks.
Grains End Lower with Year End Fund Liquidation, Removing SA Weather Premium: Livestock Mixed
Grains ended lower on end-of-year fund liquidation and removing South American weather premium. Livestock were mixed and two sided, largely ignoring weather. Alan Brugler of Brugler Marketing has analysis.
December 19, 2022 02:07 PM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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