Grains end lower in a risk off session with the higher dollar, and no new bullish SA crop story. Plus, there was some profit-taking after hitting chart resistance. However, moisture in HRW areas also weighed on wheat. Milk futures continue to slide, will they bottom soon? Bryan Doherty of Total Farm Marketing has the answer.
Risk Off Day in Grains with Higher Dollar, Profit Taking: Milk Futures Also Continue to Slide
A risk off day in grains, with a higher dollar, no new bullish SA crop news and profit-taking after hitting chart resistance. Plus, are milk futures close to a bottom? Bryan Doherty, Total Farm Marketing has details.
February 15, 2023 02:31 PM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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