Grains end mostly lower except the hard red wheat classes, consolidating on weather, WASDE positioning and money flow. Cattle bounce with help from futures discount to cash, while hogs wait for cash to catch up. Brian Grete, Pro Farmer has details.
Grains Lower Except Hard Wheats Consolidating on Weather, Report Positioning, Money Flow: Cattle Higher Helped by Futures Discount to Cash
Grains end mostly lower except hard red wheats on weather, WASDE positioning and money flow. Cattle bounce with help from futures discount to cash, while hogs wait for cash to catch up. Brian Grete, Pro Farmer.
May 08, 2023 02:23 PM
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The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.
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