Grains mixed ahead of the WASDE but also trading weather. Cattle are seeing some profit taking after new highs, while hogs bounce off new contract lows Thursday. Randy Martinson of Martinson Ag has more.
Grains Mixed Ahead of WASDE, Trading Weather: Cattle See Profit Taking Hog Try to Bounce Off Fresh Lows
Grains mixed ahead of the WASDE but also trading weather. Cattle are seeing some profit taking after new highs, while hogs hit new lows then try to bounce. Randy Martinson of Martinson Ag has more.
April 10, 2023 01:25 PM
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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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