Grain and livestock futures have all turned higher with a risk on tone to the market. Plus positioning in the grains and hogs ahead of USDA reports and end of quarter. Markets like soybeans and hogs were also over sold and due for short covering. Matt Bennet of AgMarket.Net has analysis.
Market Turn Mostly Higher with a Risk On Tone: Plus, Report and End of Quarter Positioning
Grain and livestock futures have all turned higher with a risk on tone to the market. Plus, positioning in the grains and hogs ahead of USDA reports and end of quarter. Matt Bennet of AgMarket.Net has analysis.
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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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