Grain and livestock futures are all down in a commodity wide selloff with the risk off day in the outside markets. However, there is still optimism ahead for markets like soybeans and especially cattle. Scott Varilek of Kooima Kooima Varilek explains.
Markets Down with the Commodity Wide Selloff, Risk Off in Outside Markets: Outlook for 2023 Optimistic for Markets Like Cattle
Markets are all down in a commodity wide selloff, with the risk off in outside markets. However, there’s still optimism ahead for markets like soybeans and cattle. Scott Varilek, Kooima Kooima Varilek explains.
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Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
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Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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