Pro Farmer’s Monday Morning Wake Up Call

Investors are taking risk off the table to start the week.

After building optimism European leaders had reached a deal to address the region’s financial troubles, there is now growing concern the plan is not aggressive enough to ease the debt crisis. As a result, investors have pushed the U.S. dollar sharply higher and removed risk. This, in turn, is putting pressure on commodities, including the grain markets. Check this link to hear the “Monday Morning Wake Up Call” provided by your Pro Farmer Editors.

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Alan Brugler with A&N Economics, Inc. says the grain market traders are cautiously optimistic a cease fire or peace deal between the U.S. and Iran is near and took out war premium Tuesday.
Joe Kooima with Kooima Kooima Varilek says at least initially it looks like the cattle futures had already anticipated the negative report data with the sell off late last week.
Mike Castle of StoneX says corn and soybeans added some war premium on Friday but are trading under recent highs. What could trigger a rally to retest those prices?
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