Grains push lower midday on the higher dollar and poor weekly exports, soybeans fade despite more flash sales of soybeans. Cattle sell off despite higher cash, while hogs try to hold gains with decent exports. Michelle Rook talks with Randy Martinson of Martinson Ag.
Grains Lower with Higher Dollar and Slow Weekly Exports: Cattle Disappoint After Higher Cash, While Hogs Try to Hold
Grains lower midday on the higher dollar and poor weekly exports. Cattle sell off despite higher cash, while hogs try to hold gains with decent exports. Michelle Rook talks with Randy Martinson of Martinson Ag.
October 14, 2022 11:25 AM
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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.
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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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