Grains continue to be mostly lower on fund liquidation, harvest pressure, rain changes in the South Plains and demand concerns. Yet grains are still rangebound. Livestock futures continue to see technical buying and strong fundamentals but how far will those markets extend? Michelle Rook talks with Steve Freed ADM Investor Services.
Grains Lean Lower on Technical Selling, Harvest Pressure, Demand Concerns: Livestock See Fund Buying with Strong Fundamentals
Grains mostly lower on technical selling and demand/export concerns but still rangebound. Livestock up with technical buying and strong fundamentals. Michelle Rook talks with Steve Freed ADM Investor Services.
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Arlan Suderman, chief commodities economist with StoneX, says the additional cut in winter wheat acres was a surprise but there were others as well.
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