Markets start mixed on Wednesday awaiting news on the Russia Ukraine tensions and awaiting today’s Fed announcement on rates. Harvest has started and as it progresses what is happening to cash basis levels? Michelle Rook finds out with Nick Tsiolis of Farmer’s Keeper.
Markets Start Mixed Watching Black Sea Updates and Awaiting Fed Announcement
Markets start mixed on Wednesday awaiting Russia Ukraine developments and the Fed announcement. As harvest starts what is happening to cash basis levels? Michelle Rook talks to Nick Tsiolis of Farmer’s Keeper.
September 21, 2022 08:53 AM
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.
