IARN — U.S. grain markets completed another week, which included light trading volumes. A market analyst shares what you can expect from the upcoming, yet shortened trading week.
Greg McBride, commodities broker with Allendale, Inc., reflects on this past week’s trade. McBride says, “Volume was low across all markets.”
“What we’re seeing is a lack of participation, at this point. We’re not seeing the funds come in and slam the market down lower,” McBride said. “We’re not finding a lot of willing sellers when we get to the lower end of the range and we’re not finding a lot of willing buyers when we get to the upper end of the range.” Read more