Grain and livestock futures mostly lower. Market digesting and seeing positioning end of quarter, pre-report, with possible government shutdown, PCE data. Is the corn market putting in a long term low? Lots to talk about with Darin Newsom, Barchart.
Markets Mostly Lower with Possible Govt. Shutdown & Positioning End of Quarter, Pre-Report: However, is Corn Forging a Long-Term Low?
Markets mostly lower. Positioning end of quarter, pre-report, possible government shutdown, PCE data. Is the corn market putting in a long term low? Lots to talk about with Darin Newsom, Barchart.
September 29, 2023 10:40 AM
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Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
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