A lower opening in grain with rains over the weekend in Argentina and more technical selling. Cattle supported by friendly COF Report numbers, while hogs are back lower. Kevin Duling of KD Investors has analysis.
Grains Under Pressure with Rains in Argentina: Cattle Higher with Friendly COF Report
A lower opening in grain with rains over the weekend in Argentina and more technical selling. Cattle supported by friendly COF Report numbers, while hogs are back lower. Kevin Duling of KD Investors has analysis.
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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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