Markets are seeing red as the risk off in outside markets is causing commodity wide fund selling, plus weak grain exports are a drag. Soybeans have done technical damage. Profit taking also hit the livestock. Cattle also await cash and report direction, hogs eye lower cutouts. Jeff Hoogendoorn, Professional Ag Marketing, has more.
Sea of Red: Risk Off Outside Markets Spill Over Create Commodity Wide Fund Selling
Risk off in outside markets is causing commodity wide fund selling, plus weak grain exports are a drag. Profit taking also hits the livestock. Jeff Hoogendoorn, Professional Ag Marketing, has more.
September 21, 2023 11:36 AM
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