Commodity wide technical selling Monday pushed corn, wheat and hog contacts into new lows. Cattle also saw massive fund liquidation. But what was the catalyst? Chuck Shelby, Risk Management Commodities, has analysis and talks about the next chart support areas.
New Lows in Corn, Wheat and Hogs on Commodity Wide Selling: Cattle Also See Fund Liquidation
Commodity wide technical selling Monday pushed corn, wheat and hog contacts into new lows. Cattle also saw fund liquidation. But what was the catalyst? Chuck Shelby, Risk Management Commodities, has analysis.
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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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Garrett Toay with AgTraderTalk says the grains fell despite the sharply higher crude oil market but why now?
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