Risk off selling continues in cattle, corn and soybeans ahead of the FOMC announcement and we’ve taken out critical support on the charts in those markets. Wheat stages a reversal after a drone strike on the Kremlin. Short covering continues in hogs. Vince Boddicker of Farmers Trading Company has details.
Wheat Rallies After Drone Strike on Kremlin: Risk Off Fund Selling Continues in Corn, Soybeans, Cattle
Risk off selling again in cattle, corn & soybeans ahead of the FOMC announcement and with support breached. Wheat bounces on a Russian war headline. Short covering in hogs. Vince Boddicker, Farmers Trading Company.
May 03, 2023 11:18 AM
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