Corn and soybeans higher on end of quarter and report positioning, wheat down with the higher dollar, poor demand. Cattle see more fund profit taking end of quarter but also with bearish macro markets and economic fears, including a government shutdown. Chip Nellinger, Blue Reef Agri-Marketing has more.
Markets Trade Mixed on End of Quarter, Report Positioning, Macro Economic Concerns
Corn & beans higher on end of quarter & report positioning, wheat down with the higher dollar, poor demand. Cattle see fund profit taking w/bearish macro markets. Chip Nellinger, Blue Reef Agri-Marketing has more.
September 27, 2023 11:33 AM
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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.
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