Grains end mixed with end of quarter profit taking and report positioning. But are corn and beans putting in harvest lows? Cattle see fund selling with risk off in outside markets and equities. Hogs also preparing for the Hogs and Pigs Report. Don Roose, U.S. Commodities sums it up.
Grains End Mixed on Report and End of Quarter Positioning: Cattle Lower with Risk Off in Equities
Grains end mixed with end of quarter profit taking and report positioning. Cattle see fund selling with risk off in the equities. Hogs also await the Hogs and Pigs Report. Don Roose, U.S. Commodities sums it up.
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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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