Another day of relentless selling in the grains by the funds, when does it stop and where is chart support in corn and soybeans? Cattle continue to charge higher with more contract highs in feeders, how high will that market go? Ted Seifried of Zaner Ag Hedge has the answers.
Grains See Relentless Fund Selling, Where Do Markets Find Support: Cattle Continue to Charge Higher
Another day of fund selling in the grains when does it end? Cattle continue to charge higher with more contract highs in feeders, how high will that market go? Ted Seifried of Zaner Ag Hedge has the answers.
February 28, 2023 02:17 PM
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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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