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.
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.
March 09, 2023 01:20 PM
Related Stories
Joe Kooima of Kooima Kooima Varilek says the bounce in cattle isn’t unexpected as Friday’s selloff may have been overdone and with the financial markets seeing a recovery.
The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.
Scott Varilek with Kooima Kooima Varilek says the cattle futures rally out of the report was disappointing and did not last long indicating a possible exhaustion on the charts.
Read Next
Grab yer shovel: Hidden in five mason jars, a forgotten hoard of precious coins was discovered beneath a fieldstone wall.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
