Grains open lower on more technical selling and with lower crude oil, improved SA weather, and ideas the Black Sea export deal will be extended. Live cattle see more technical selling. Hogs higher. Michelle Rook w/ Kent Beadle Paradigm Futures.
Grains Lower with Technical Selling, Lower Crude Oil: Livestock Mixed
Grains open lower on more technical selling, lower crude oil improved SA weather, and ideas of Black Sea export deal extension. Live cattle see technical selling. Michelle Rook w/ Kent Beadle Paradigm Futures
November 15, 2022 09:01 AM
Related Stories
Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
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.
Read Next
Applying a keen sense of business and creating non-farm assets, Tim Nuss unlocks a flywheel effect to propel the Nuss Farms forward.
