A risk off day in outside markets weighs on grains, with some profit taking and hedge pressure in the corn as well. In turn that supports the rally in livestock plus a bounce of chart support. Michelle Rook gets details with Kent Beadle of CHS Hedging.
Risk Off in Outside Markets Pressures Grains and Leads to Higher Day in Livestock
A risk off day in outside markets weighs on grains, and in turn supports the rally in livestock. Michelle Rook gets details with Kent Beadle of CHS Hedging.
August 30, 2022 02:08 PM
Related Stories
As farmers wait for official rates expected the week of Dec. 22, Paul Neiffer shares his calculation for six crops. Richard Fordyce with USDA also lays out the timeline for delivering payments and what farmers need to do to be on the list.
Follow these time-tested, expert recommendations this fall and winter to ensure you don’t overpay or get stuck with a machine with low resale value.
Take a quick trip with us to Beaver Falls, Pa., the hometown of Broadway Joe Namath and an impressive fleet of classic Oliver 55-Series tractors still hauling manure and tilling up Allegheny Valley dirt.
Read Next
The U.S. House approved legislation to allow year-round sales of E15 gasoline nationwide, aiming to lower fuel prices while facing pushback over potential refinery costs and the impact on the national debt.
