Grains rebounded on short covering, China corn export biz and lower winter wheat ratings. Livestock still under pressure with the macroeconomic jitters tied to the bank failures causing fund selling. Kent Beadle of Paradigm Futures has details.
Grains Rebound Tuesday on Short Covering, China Biz, Wheat Ratings: Fund Selling Continued in Livestock with Banking Turmoil
Grains see short covering on China corn export biz, lower wheat ratings. Livestock see fund selling with the macroeconomic jitters tied to the bank failures. Kent Beadle of Paradigm Futures.
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
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.


