Grains lower on technical selling and the risk off in outside markets with rising COVID cases in China. Cattle open higher with the bullish Cattle on Feed report with hogs mixed. Michelle Rook w/Allison Thompson of The Money Farm.
Grains See Technical Selling with Risk Off in Outside Markets: Cattle Higher on Bullish Report
Grains lower on technical selling and the risk off in outside markets w/rising COVID cases in China. Cattle open higher w/bullish COF report, hogs mixed. Michelle Rook w/Allison Thompson of The Money Farm.
November 21, 2022 09:25 AM
Related Stories
Mike Zuzolo, Global Commodity Analytics, says grains were pressured by a host of factors including weather and fund liquidation.
Brad Kooima of Kooima Kooima Varilek says cattle futures are down with a risk off day in the ag markets. End of quarter profit taking and talk of a packer bailout is also weighing on futures.
DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Read Next
Incredibly surviving the Civil War, world wars, depressions, epidemics, and every milestone for two centuries, the Taylor gathering may be the oldest reunion on the planet.
