Grains See More Fund Selling With New Contract Lows in Wheat; Livestock Mixed

Grain markets are lower as fund selling has escalated while wheat makes new contract lows. Livestock markets are mixed. Shawn Hackett of Hackett Financial Services has details.

Grain markets are lower as fund selling has escalated, wheat has made new contract lows. Livestock mixed. Shawn Hackett of Hackett Financial Services has details.

AgWeb-Logo crop
Related Stories
Shawn Hackett with Hackett Financial Advisors says wheat has been leading the grains higher and how long the rally can be sustained is dependent on how long the Black Sea export slowdown lasts.
Scott Varilek of Kooima Kooima Varilek says everybody’s looking for the bottom in the cattle market and wants to know if it is close.
Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
Read Next
Get News Daily
Get Market Alerts
Get News & Markets App