Grain and livestock prices continue under pressure as the macroeconomic markets weigh on commodities, especially the new highs in the dollar. Cattle react to Cattle on Feed news and hogs see follow through selling after lower weekly closes. Michelle Rook talks with Jeff Hoogendoorn of Professional Ag Marketing.
Markets Stay Red at Midday with the Dollar up to New Highs
Grain and livestock prices continue under pressure as the macroeconomic markets weigh on commodities, especially the new highs in the dollar. Michelle Rook talks with Jeff Hoogendoorn of Professional Ag Marketing.
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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.
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?
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