Grains end mostly lower on profit taking and improving weather forecasts. Cattle hit new highs on futures and northern cash and what’s the next move for crude oil? Darin Newsom with Barchart covers it all!
Grains End Mostly Lower on Profit Taking as Weather Improves, Cattle Hit New Highs: What’s the Next Move for Crude Oil?
Grains End Mostly Lower on Profit Taking as Weather Improves, Cattle Hit New Highs: What’s the Next Move for Crude Oil? Darin Newsom with Barchart covers it all!
April 06, 2023 02:05 PM
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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
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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