Soybeans up w/ the Brazil truckers strike in protest to election, corn and wheat try to follow as Russia’s changes tune on export deal, Cattle consolidate ahead of Fed meeting. @michellerookag with @MartinsonRandy
Soybeans Rally on Brazil News, Corn and Wheat DIgest Black Sea Export News: Cattle Consolidate Ahead of Fed Meeting
Soybeans up w/ the Brazil truckers strike in protest to election, corn and wheat try to follow as Russia’s changes tune on export deal, Cattle consolidate ahead of Fed meeting. @michellerookag with @MartinsonRandy
November 01, 2022 11:20 AM
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Dave Chatterton with Strategic Farm Marketing says funds have sold and liquidated hard the last three weeks in the corn market and while they took their foot off the gas on Monday he doesn’t think the selling is done.
Grain markets all made new lows for the move on additional fund long liquidation says Randy Martinson with Martinson Ag Risk Management.
Mark Knight with Farmers Keeper Financial says the funds are exiting as the grains have divorced from the crude oil market and are trading weather.
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