Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Markets Now Closing Markets -4-5-24 Audio

Markets Now Closing Markets -4-5-24 Audio

FromMarkets Now with Michelle Rook


Markets Now Closing Markets -4-5-24 Audio

FromMarkets Now with Michelle Rook

ratings:
Length:
12 minutes
Released:
Apr 5, 2024
Format:
Podcast episode

Description

Markets end mixed Friday as corn hits chart resistance at the 50-day moving average and consolidates, despite higher wheat and soybeans.  Wheat saw a short covering rally but news on Russian export issues due to quality problems was also supportive, while soybeans seemed to follow soybean oil and crude oil.  However, all the grains are sideways on the charts.  Cattle made new lows for the move on Friday and were down for the week on HPAI fears and fund selling, while funds moved over to buy hogs which saw more contract highs.  The stock market also had a down week with fears of inflation and higher for longer interest rates.  Tommy Grisafi with Advance Trading covers it all.  See omnystudio.com/listener for privacy information.
Released:
Apr 5, 2024
Format:
Podcast episode

Titles in the series (100)

Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets.