Grain markets try to recovery after an ugly week, is this just an end of month dead cat bounce or is the market bottoming? Cattle consolidating with some $173 cash in the south today but higher beef, end of month corrective buying in hogs. Darren Frye Water Street Solutions has more.
Grains Try to Recover After an Ugly Week But is the Market Bottoming? Cattle Consolidating, End of Month Bounce in Hogs
Grain markets try to recovery after an ugly week, is this just an end of month dead cat bounce or is the market bottoming? Cattle consolidating but short covering in hogs. Darren Frye Water Street Solutions has more.
April 28, 2023 11:27 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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