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.
March 27, 2023 11:15 AM
Related Stories
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?
Read Next
Some of the easier entry points for corn and soybean farmers looking to capture higher returns can deliver $200 or more per acre.
