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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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.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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