Grains ended lower on Wednesday, initially reacting to news Russia was considering allow Ukrainian food exports, but with conditions. However, markets rebounded off their lows. Livestock futures could not hold on to early gains despite the lower grains. Michelle Rook has the analysis of the day with Rich Nelson of Allendale.
Markets Lower But Rebound Off Lows, Livestock Mixed
Grains slid again on Wednesday, but ended off lows. Livestock faded early gains.
May 25, 2022 02:32 PM
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.
