Grains see a corrective buying with some export biz and dry Argentina weather, but will it hold? Cattle lower after steady cash, poor exports. Hogs lower following cash. Chuck Shelby of Risk Management Commodities has more.
Grains See Corrective Buying After Tough Week but Will it Hold? Cattle Lower After Steady Cash
Grains see a corrective buying with some export biz and dry Argentina weather, but will it hold? Cattle lower after steady cash, hogs lower following cash. Chuck Shelby of Risk Management Commodities has more.
January 06, 2023 09:05 AM
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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
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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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