Grain and livestock prices are down seeing spillover from the risk off day in the outside markets, especially with the dollar over a full point higher. Michelle Rook has analysis with Don Roose of U.S. Commodities.
Risk Off Day in Outside Markets Spills Over to Pull Down Grain and Livestock Prices
Grain and livestock prices are down seeing spillover from the risk off day in the outside markets, especially with the dollar over a full point higher. Michelle Rook has analysis with Don Roose of U.S. Commodities.
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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