Grains are unchanged to lower with the higher dollar and risk off in outside markets, plus technical selling after hitting chart resistance, especially on corn. Cattle mixed awaiting cash, hogs mostly lower. Garrett Toay of AgTraderTalk has analysis.
Grains Mostly Lower with Higher Dollar Risk Off in Outside Markets: Cattle Await Cash Trade, Hogs Fail
Grains mostly lower with the higher dollar, risk off in outside markets, plus technical selling after hitting resistance. Cattle mixed awaiting cash; hogs mostly lower. Garrett Toay of AgTraderTalk has analysis.
February 03, 2023 11:31 AM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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