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
Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
Read Next
Was Ron Fode’s real crime saving his crops? “The state tried to bury us, but the truth is hard to hide,” he says.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
