Livestock ended sharply lower as a risk off selloff in global equity markets spilled over to cause fund long liquidation.  Chuck Shelby, Risk Management Commodities, says grains started off lower but with funds short in those markets they quickly covered shorts and unwound some of that position to offset their losses in the stock market.  Shelby talks about what all this means longer term for the ag markets, especially if recession talk continues.  

Livestock ended sharply lower as a risk off selloff in global equity markets spilled over to cause fund long liquidation.  Chuck Shelby, Risk Management Commodities, says grains started off lower but with funds short in those markets they quickly covered shorts and unwound some of that position to offset their losses in the stock market.  Shelby talks about what all this means longer term for the ag markets, especially if recession talk continues.

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

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

Markets Now with Michelle Rook

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

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