Grains and cotton mostly lower improved weather and technical selling, despite more corn and soybean export sales this morning. Risk off continues with more talk of interest rate hikes. Shawn Hackett of Hackett Financial Services has more.
Grains Start Mostly Lower on Improved Weather: But Find Support From Export Sales of Corn and Beans
Grains and cotton mostly lower improved weather and technical selling, despite corn and soybean export sales. Risk off continues with more talk of interest rate hikes. Shawn Hackett of Hackett Financial Services.
April 05, 2023 09:15 AM
Related Stories
Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
Read Next
Brooke Rollins’ intent addresses a paramount question of U.S. national food security: Who decides what a crop is worth?
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.
