[Listen] Gordy Grain Markets Up and Down In Same Bloody Day
Commodity Broker Gordy Kralovetz in the Weekly Ag Market Recap said there was a lot of spreading by the funds with markets going up and down in the same day! Plus, many times it did not make any sense. In the weekly export sales report on Thursday there was a huge number for beans, but yet beans traded lower on Thursday.
There were other market analysts and brokers saying this just does not make any sense, and it's just not the grain markets. Later in the week the stock market was getting hit pretty hard and that did not help the grain markets either. Click on the link above and listen to Gordy talk about the ag markets last week.