Higher grain and livestock futures with a risk on day as the outside markets are responding positively to the better-than-expected CPI. Michelle Rook has details.
Higher Grain and Livestock Trade with Risk on Day in Outside Markets: CPI Better Than Expected
Higher grain and livestock futures with a risk on day as the outside markets are responding positively to the better-than-expected CPI. Michelle Rook has details.
December 13, 2022 08:50 AM
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Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
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.
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