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
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Don Roose with U.S. Commodities says the grains have seen rotating leadership but the bull market is currently being led by wheat and will needs continue Black Sea headlines to keep moving higher.
Scott Varilek with Kooima Kooima Varilek says after a bounce on Thursday many producers were asking if a bottom was starting to be forged but the negative stories won’t die down.
Shawn Hackett with Hackett Financial Advisors says he sees higher prices ahead for the grain markets.
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