Immediate Trade

Commodities are Reinflating!

Cover Image for Commodities are Reinflating!
Greg P
Greg P
Posted undercornfarmFarmingScott SheladysoybeanTom Grisafi

Crops, copper, and crude oil are the topics of discussion along with the strong bond market and the impact of large notes and rates for the producers. In the livestock markets, live cattle, feeders, and lean hogs are trading higher on the day, potentially boosted by the rains slowing down the flow of grain. Scott and Tom suggest commodities are readjusting to the new interest rate environment and demand scenario, and the meats markets may end the quarter strongest because of cheaper corn. Retail investors putting money into commodities may also indicate a potential increase in investment in that sector.

TaggedLivestockmeats


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