Grains just slightly lower corn holding support at the March lows. Are grains about ready to bottom and put in a spring rally? Cattle markets continue to consolidate and imply lower cash, but how much more downside risk is there? Will hogs ever bottom? Rich Nelson of Allendale covers it all!
Grains Slightly Lower but Are They Close to a Spring Low? Cattle and Hogs Also Pressured with Cash the Key
Grains quietly lower, but are the markets close to a bottom and ready to put in a spring rally? Cattle and hogs are under pressure with cash the key to bottoming. Rich Nelson of Allendale has more.
April 26, 2023 09:18 AM
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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