Markets are mostly lower except for old crop corn with the China export biz. The trade is awaiting the Fed decision, but soybeans also break below the 200 day moving average following the drop in China’s soybean price. Ted Seifried of Zaner Ag Hedge explains.
Markets Lower Except Old Crop Corn: Markets Await Fed Decision but Soybeans Also Hit by Drop in China Prices
Markets are mostly lower except May corn with the China sales. The trade is awaiting the Fed decision, but soybeans are also following a drop in China’s soybean price. Ted Seifried of Zaner Ag Hedge explains.
March 22, 2023 11:31 AM
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