Mostly lower markets with spillover from a risk off day in outside markets w/election reaction and report positioning. Soybeans are holding up better with 17 mb of export biz. Michelle Rook talks with Rich Nelson of Allendale.
Grains Mostly Lower with Outside Market Spillover and Report Positioning: Livestock Mixed
Mostly lower markets with spillover from a risk off day in outside markets w/election reaction, report positioning. Soybeans are holding up w/ 17 mb of export biz. Michelle Rook with Rich Nelson of Allendale.
November 09, 2022 08:50 AM
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Mike Zuzolo, Global Commodity Analytics, says grains were pressured by a host of factors including weather and fund liquidation.
Brad Kooima of Kooima Kooima Varilek says cattle futures are down with a risk off day in the ag markets. End of quarter profit taking and talk of a packer bailout is also weighing on futures.
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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