More fund selling in grain markets on weather, demand concerns w/Brazil’s big crop. Risk aversion is a problem for the grains with economic data ahead of the Fed meeting and debt ceiling talks. How much lower will prices go? Shawn Hackett of Hackett Financial Advisors has details.
Grains Markets See Relentless Fund Selling on Risk Aversion, Weather and Demand Concerns: How Much Lower Are Prices Going?
More fund selling in grains on weather, demand concerns w/Brazil. Risk aversion is a problem with economic data ahead of the Fed meeting. How much lower will prices go? Shawn Hackett of Hackett Financial Advisors.
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
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Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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