Miracle Rally or Routine Business?
A funny thing happened this week. With all the gloom and doom about record crop production, the grain markets went up! For corn, this was the third higher weekly close in a row. That constitutes an uptrend. Some would deem the rallies a miracle, or an artificial construct designed to suck you in on [...]
AgWeb Radio: Weekly Dairy Market Wrap 10-17-14
Robin Schmahl, Hedge and Marketing Specialist with AgDairy, says milk futures were fairly stable this week. Cheese was higher. Butter went down 80 cents. Global Dairy Trade Auction was positive for the U.S. Exports are slowing. Prices could be going lower.