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Markets Now Closing Markets -5-7-24 Audio

Markets Now Closing Markets -5-7-24 Audio

FromMarkets Now with Michelle Rook


Markets Now Closing Markets -5-7-24 Audio

FromMarkets Now with Michelle Rook

ratings:
Length:
10 minutes
Released:
May 7, 2024
Format:
Podcast episode

Description

Grains ease Tuesday as the markets hit technical resistance on the charts and were due for a correction.  Are the funds done covering shorts?  Arlan Suderman with StoneX says they might be as weather concerns have been priced in.  Plus the rally was met with farmer selling in the U.S. and South America. The market also took a pause ahead of a potentially bearish WASDE Report.  Cattle recover with a void of new bird flu headlines and with strong cash and cutouts.  See omnystudio.com/listener for privacy information.
Released:
May 7, 2024
Format:
Podcast episode

Titles in the series (100)

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