Grains lower except HRW wheat with profit taking, disappointing exports and GDP news pulling down futures. Cattle mixed, with hogs higher ahead of USDA reports and EOY. Mike Zuzulo of Global Commodity Analytics has analysis.
Grains Mostly Lower on Profit Taking, Poor Exports: Livestock Position Before Reports
Grains lower except HRW wheat with profit taking, disappointing exports and GDP news pulling down futures. Cattle mixed, with hogs higher ahead of reports. Mike Zuzulo of Global Commodity Analytics has analysis.
December 22, 2022 11:22 AM
Related Stories
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?
Read Next
Applying a keen sense of business and creating non-farm assets, Tim Nuss unlocks a flywheel effect to propel the Nuss Farms forward.
