The risk off day in the outside macro market has funds selling across the commodity complex. Kevin Duling of KD Investors says May corn needs to hold support at $6.50 and wheat prices are below pre-war levels.
Risk Off Day Including the Higher Dollar Causes Commodity Wide Selling by the Funds
The risk off day in the outside macro market has funds selling across the commodity complex. Kevin Duling of KD Investors says May corn needs to hold support at $6.50 and wheat prices are below pre-war levels.
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The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.
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