Grains started mixed Wednesday but quickly see weakness creep in. Kevin Duling, KD Investors, says the funds have been relentless sellers and continue to push grains into new lows with the idea of higher production.  However, he thinks the grain markets are close to forming lows at least technically and funds may reverse course if the dollar can continue to weaken with interest rates cuts starting from the Fed.  Cattle continue to chop looking for direction from cash and carving out a trading range.  

Grains started mixed Wednesday but quickly see weakness creep in. Kevin Duling, KD Investors, says the funds have been relentless sellers and continue to push grains into new lows with the idea of higher production.  However, he thinks the grain markets are close to forming lows at least technically and funds may reverse course if the dollar can continue to weaken with interest rates cuts starting from the Fed.  Cattle continue to chop looking for direction from cash and carving out a trading range.

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.