A risk off day in outside markets on some bearish U.S. and China economic news and that includes a pull back in energy markets. What is the price outlook on crude oil, diesel and even propane and natural gas heading into harvest? John Wenzel with StoneX Group provides insight.
Outside and Energy Markets Pull Back on U.S. and China Economic News: What’s the Outlook for Gas and Diesel Moving Into Harvest?
A risk off day in outside and energy markets on some bearish U.S. and China economic news. What’s the outlook on crude oil, diesel, propane and natural gas heading into harvest? John Wenzel with StoneX Group has more.
August 15, 2023 11:05 AM
Related Stories
Joe Kooima of Kooima Kooima Varilek says the reaction was a bit muted considering the placements were well below estimates. However, he says some of it was already priced in.
Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
Scott Varilek with Kooima Kooima Varilek says the live cattle were overbought after rallying $21 off the lows.
Read Next
NASS says incorrect acreage weights for irrigated and nonirrigated fields affected September corn yield estimates for Kansas, Nebraska and the U.S. The agency’s October forecast remains unchanged.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
