Grains, energies and stocks were all in “risk off” mode again on Thursday as we saw money flow out on recession worries, inflation concerns, fund money moving out, China economic woes and much more. The U.S. dollar hit a new 20 year high that was weight on commodities as a whole with wheat and soybeans the downside leaders. Corn was down as well but largely followed wheat. Livestock ended the day mixed to higher in the cattle market as we head toward the holiday weekend.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406