Grains mixed in typical pre-holiday positioning. Livestock mostly lower with technical selling, while cash cattle trade is higher. Michelle Rook talks with DuWayne Bosse of Bolt Marketing.
Grains Mixed with Holiday Trade: Livestock Futures Mostly Lower, Cash Cattle Higher
Grains mixed in typical pre-holiday positioning. Livestock mostly lower with technical selling, while cash cattle trade is higher. Michelle Rook talks with DuWayne Bosse of Bolt Marketing.
November 23, 2022 11:34 AM
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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.
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