Despite strong fundamentals, weakness in outside markets may be affecting grains. If the stock market begins to fall again, I expect that commodities will also decline again based upon perceived weak demand. As the stock market has fallen overnight, grains are also reflecting that worry. Crude oil is also showing signs of sagging.
Tuesday, April 7, 2009
Weakness in Outside Markets Affect Grains
Labels:
crude oil,
grains,
soybeans,
stock market