Grains were higher with cotton limit up on news China may relax its COVID policy. Southern Hemisphere news was also supportive including the election protest in Brazil. Cattle continue to consolidate ahead of the Fed decision. Michelle Rook is joined by John Payne of Hedge Point Global Markets.
Grains Higher with Cotton Limit Up as China May Relax COVID Policies: Consolidation Continues in Cattle
Grains were higher with cotton limit up on news China may relax its COVID policy. Cattle consolidate ahead of the Fed decision. Michelle Rook talks to John Payne of Hedge Point Global Markets.
November 01, 2022 02:05 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.
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